By Nguyen Thi Bich Ngoc
GREE Ventures, the $100 million venture capital arm of Japan’s gaming group GREE Inc, announced on Thursday the first close of its new AT-II Investment Limited Partnership Fund (AT-II) with approximately $37 million in committed capital, dedicated to Japan, Southeast Asia and new market India.
Media group APN News & Media Ltd on Wednesday announced plans to spin off its New Zealand business and merge it with the local business of Australia’s Fairfax Media Ltd. APN News & Media Ltd said it initially plans to list its New Zealand business, NZME, on the New Zealand… Read more »
Australia Post, the nation’s largest and oldest mail service, is planning to sell its iconic general post office (GPO) buildings in several key cities to help cut losses and raise much-needed cash. Leaked investment documents show the company is seeking to sell GPO buildings in Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart… Read more »
Deutsche Boerse’s planned $30 billion merger with LSE Group is on track for completion late this year or in early 2017.
Australian oil and gas company AWE Ltd said on Wednesday it had rejected a A$421 million ($311 million) takeover approach from U.S.-based private equity fund Lone Star.
“Some 80,000 policies are affected. Allianz Taiwan Life staff will not be impacted by the deal,” the company said.
Hitachi Ltd. plans to invest about $2.8 billion over the next three years in its Internet of Things platform.
US-based Sequioa named Herbert Chia as venture partner, a former data committee head and group vice president at Alibaba Group Holdings Ltd, while LaSalle Investment appointed Elysia Tse to head its management office in Singapore and lead on research and strategy.
The company is looking at opportunities in the United States, India, Indonesia, Vietnam and China, chief executive Amin Nasser told reporters during a rare media visit to the company’s Dhahran headquarters
This move follows Taurus Funds Management’s 70-per-cent stake purchase of Anglo American’s Foxleigh coal mine in Australia last month.