Finance data startup Xenodata Lab secures $2.24m from major Japanese banks


Finance data analysis startup Xenodata Lab has closed a $2.24 million Series A round from Japanese banks.

Australia: Riverside Company completes acquisition of Logical Freight Solutions

The Riverside Company completes its acquisition of Melbourne-based Logical Freight Solutions.

Nippon Paint says bidding for U.S. firm Axalta as Akzo talks end

Axalta had a market value of $8.3 billion based on its Tuesday closing price in New York.

Morgan Stanley Asia wealth push faces family-office poaching

Top bankers keep getting poached by family offices set up by the richest people. Hence a plan to increase headcount has fallen flat.

Japan: MUFG invests in Crowd Realty; Refcome raises funding led by Itochu unit

Japanese startups Crowd Realty and Refcome have secured additional funding. 

Bain to exit Japan’s Skylark in $562m block trade

In June this year, Bain had pared its stake in Skylark and raised $373 million.

Japan Tobacco to actively pursue overseas acquisition opportunities: CEO designate

Shares of Imperial Brands, which many see as a potential acquisition target for Japan Tobacco, rose 3.4 percent following Terabatake’s comments.

IFC mulls extending $40m loan to Dhaka-based BRAC Bank

In May, IFC had invested $50 million in BRAC Bank to initiate the Banking on Women (BOW) program in Bangladesh.

Japan’s DMM pays $62.2m for pawn shop app Cash

The app was launched by serial entrepreneur Yusuke Mitsumoto.

Bain says WPP accepts $1.35b tender offer for Japan’s Asatsu-DK

Bain also said it plans to discuss the possibility of WPP becoming a minority shareholder in ADK in the future.