By Pooja Thakur
Allianz SE’s property unit plans to double investments in Asia over three years as the German firm is drawing in more money from its insurance operations in the region.
If a Jack Ma-linked company cannot buy a U.S. company, is there hope for other Chinese companies?
The Battery investment also marks the culmination of partnership between PageUp and Accel-KKR, which made a strategic investment in PageUp in 2012.
DuluxGroup expects to complete the deal in the first half of the 2018 financial year.
The $1.2 billion deal’s collapse represents a blow for Jack Ma, who owns Ant Financial together with Alibaba executives.
Existing investors TPG Biotech, WuXi NextCODE, Claremont Creek Ventures, and MidCap Financial also joined the round.
Son has rattled rivals with his growing influence and changed the game of startup investing — for better or worse.
New floats in Sydney last year raised just $3.9 billion – the lowest since 2012, as debt-fuelled foreign buyers snapped up companies that could otherwise have pursued a listing.
Japanese private equity firm J-Star has agreed to exit Aisei Pharmacy, a Japanese drugstore chain, to its company management.
For the first time since 2015, the cryptocurrency began a new year by declining, extending its slide from a record $19,511 reached on Dec. 18.