By Shira Ovide
As with Uber’s prior retreats, quitting a costly slugfest against GrabTaxi Holdings Pte will help alleviate Uber’s whopping losses.
While Toys “R” Us wasn’t able to salvage its U.S. operations, the Asia Pacific business has continued to increase revenue.
Scooping up NEX would mark another attempt by a foreign exchange operator to buy into a British business.
Bain Capital and Thomas H. Lee Partners might gain even more from parts of the company that they’ll get to keep after it filed for Chapter 11 protection.
Wesfarmers, caught in an aggressive price war with Woolworths, recently reported a drop in first-half earnings partly due to lower contribution from Coles.
Paul Jacobs has approached several investors in a bid to acquire the chipmaker, which he once ran and was founded by his father.
Ontario Teachers’ Pension Plan has appointed Ben Chan as the firm’s regional managing director for Asia Pacific, effective June 1.
The planned IPO is part of a pledge by Lotte Group to simplify its holding structure through IPOs.
In 2016, TPG listed Inghams on the share market with an equity value of up to A$1.5 billion ($1.1 billion).
The region now generates 22 per cent of global buyout value, up from 13 per cent in 2016.