Toyota to buy out PSA Group stake in Czech factory


Toyota will take full ownership of the Czech plant of Kolin from January 2021.

Fed ramps up probe into Goldman over 1MDB compliance failures

The Fed doesn’t have the powers of a criminal prosecutor, but it can and often does sanction people involved in banking scandals.

Warburg Pincus said to have gathered $14b for flagship fund

The private equity firm could raise as much as $17 billion based on investor demand but will likely cap the pool at less than that.

Japan’s Rakuten sells matchmaking unit O-net to Polaris Capital

The acquisition of matchmaking site O-net comes at a time when marriages in Japan are on a decline.

South Korea’s VIG Partners to acquire 55% stake in restaurant chain Bonchon

Bonchon currently operates more than 325 stores in 8 countries, including 85 stores in the U.S.

Goldman names co-COOs for Asia investment banking unit, ex-Japan

Goldman Sachs Group Inc has named Aaron Arth and Iain Drayton co-chief operating officers of its investment banking division in Asia Pacific, excluding Japan.

Australian workforce management platform Deputy raises $81m Series B

The round was led by Institutional Ventures Partners (IVP), a Valley-based investment firm.

SoftBank’s blockbuster IPO said to achieve $21b retail sales target

The issuer’s strong brand, high dividend payout, and a plan to split the lots to make the shares accessible to more people, helped to fuel demand.

US chipmaker Qualcomm sets up $100m fund to invest in AI startups

Qualcomm Ventures AI Fund has already made its first investment via a Series A funding round of AnyVision, a face, body, and object recognition startup.

ACE Equity Partners acquires Daeho Tech in $356.8m management buyout

Daeho Tech, founded in 1989, is known for manufacturing the 3D cover glass for edge phone displays.