Japan govt launches $12b follow-up sale of Japan Post Holdings shares


The sale – the first since its postal and financial giant’s mammoth IPO in 2015 which also raised about $12 billion – also comes in the wake of M&A missteps.

CBS paying at least $162m cash for Australia’s Ten Network

CBS, the United States’ most-watched television network, said it agreed to buy Ten last month.

Saudi Arabia says Aramco IPO on track as it redrafts reform plan

The NTP’s revision “represents learning and progress, and provides a stronger foundation for the necessary reforms”.

Bain-SK Hynix consortium ups bid for Toshiba chip unit to $22b

The move comes after Western Digital Corp reportedly revised its offer.

Sovereign wealth funds increase private investments in emerging markets

Lower returns on other asset classes are a contributing factor.

Sydney-based Tempus Partners closes $32m tech fund

It will target investments in early-stage Australian business technology and software startups.

ICOs show ‘follow the money’ still rings true

Identifying successful startups amid the dozens of ICOs taking place each week may be easier than it appears.

Japan Digest: Startups Tech Bureau, WAmazing raise funds

Japanese startups Tech Bureau and WAmazing secure additional funding.

Daiwa Asset gets approval to list Japan’s first ESG funds

Daiwa Asset Management Co received approval to list three socially responsible exchange-traded funds.

US regulator orders Pakistan’s top bank to pay $225m, surrender licence

This effectively removes Pakistan’s largest lender from the U.S. financial system.