Blue Ant Media acquires RACAT Group

Australia: RACAT Group acquired by Canada’s Blue Ant Media


Deal to fuel Blue Ant Media’s content sales business

Global tech giants go on AI startup acquisition spree

A total of 34 AI startups were acquired in the first quarter

Food delivery startup Sprig shuts down as it fails to find buyer

Sprig had raised more than $56 million from investors including Accel

ArcelorMittal wins bid to buy Italy’s Ilva steel plant

The steel plant accepted the bid of $2.23 billion.

China’s Fosun, others eye Australia’s Origin Energy gas assets worth $1.5b

Australia’s top energy retailer Origin has drawn interest from at least five potential bidders.

Australia’s Artesian exceeds target with final close of $19m clean tech fund

It includes a A$10 million commitment from the Clean Energy Finance Corporation

Japan: 2016 net external assets rise to second largest on record driven by M&A

Japan remained the biggest creditor nation for the 26th straight year.

SEA tech startups lag far behind China and India in attracting VC funding

SEA startups remain behind in terms of both deal flow and funding.

Emaar buys 51% in Rocket-backed Namshi for $151m

Emaar is competing with Amazon that recently acquired leading Middle East online platform Souq

Duff & Phelps buys Quantera Global Asia Holding for Asia Pacific expansion

More than 25 transfer pricing professionals will join Duff & Phelps in Australia, Hong Kong, Singapore, and Vietnam.