ANZ not selling finance unit to HNA after New Zealand blocks deal

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HNA had agreed to buy the vehicle finance unit – New Zealand’s largest non-bank lender – for $460 million early last year.

Japan’s Shiseido acquires US artificial skin technology startup Olivo

This acquisition is the latest in a series of initiatives supported by Shiseido to expand its global beauty innovation footprint.


Tencent sells $5b bond, drawing comparisons to Alibaba

This is Tencent’s biggest US dollar offering and the first time its issued debt since 2015.


Dropbox said to have filed confidentially for U.S. IPO

A share sale by San Francisco-based Dropbox, one of a closely watched group of high-profile private tech companies with multibillion-dollar valuations, would follow Snap Inc.’s disappointing step into the public markets.


Crowdfunding platform OurCrowd raising $100m fund for AI, deep learning

OurCrowd’s model tries to widen the population of startup investors by allowing accredited financiers to put down as little as $50,000 in its funds — a lot less than what would typically be required to become a partner in an investment vehicle.


Saudi Arabia said to have shortlisted Hong Kong, London, New York for Aramco IPO

The shortlist means Tokyo, Singapore and Toronto are no longer in the running for what is likely to be the world’s biggest IPO.


APAC Digest: Coinsilium ups stake in SG’s Indorse; Korea’s Entcrowd raises $186k

UK-based Coinsilium has acquired an additional 3.5% stake in Singapore-based professional social network Indorse for S$175,000 ($131,194).


Rocket Internet ready to pounce on opportunities with cash pile: Oliver Samwer

Rocket is invested in more than 100 startups, with its stakes in the five biggest of them potentially worth over 1 billion euros.


HSBC makes new hires from Goldman, JPMorgan to revamp Asia equities biz

Among the recent additions are Michael Parry, who joined from Goldman Sachs as a director focused on Asian equity sales.


Google acquires UK’s Arie Capital-backed sound tech startup Redux

Redux raised $5 million in March 2017, and concentrated on markets including computing, mobile, automotive and industrial controls.