Cambodia-focused Smart Axiata fund invests in Okra Solar, Sousdey


SADIF is a $5-million fund established in 2017 by Smart Axiata and investment and advisory firm Mekong Strategic Partners (MSP).

Saudi startup Mrsool bags Series A investment from STV, Raed Ventures

The on-demand delivery firm plans to use the funding to expedite its expansion in Saudi Arabia and the wider region.

Australia’s Dexus to buy remaining stake in Sydney skyscraper for $565m

Dexus and Dexus Wholesale Property Fund will each buy a 25 percent stake in the Sydney skyscraper.

Japan’s Fujifilm to acquire Biogen’s subsidiary for about $890m

Through the acquisition, Fujifilm aims to achieve its 100 billion yen ($897.91 million) revenue target in its CDMO business by 2021.

UK-based PE firm CD Capital acquires ASX-listed miner Verdant Minerals

The deal, which values the Australian mining firm at $28.6 million, could delist Verdant Minerals from ASX.

Australia’s IPH offers to buy smaller rival Xenith for $124m

IPH said it was offering A$1.97 in cash and equity for each share in Xenith.

Alphabet’s Waymo seeks outside investors including Europe’s Volkswagen

Aside from Volkswagen, other potential investors could include automakers that now make cars for Waymo – Fiat Chrysler and Jaguar.

LOGOS, Partners Group complete sale of major industrial site in Sydney

The two firms teamed up in 2015 to acquire the site from its former owner, the global aluminum producer Alcoa, for $47 million.

Spain’s Enagas to partner with Blackstone, GIC for $590m Tallgrass deal

Blackstone will retain a majority, GIC will retain a minority stake and Enagas will own almost 25% of the holding company at closing.

Mastercard acquires Apis Partners-backed payments firm Transfast

ransfast is backed by private equity firms US-based GCP Capital Partners and UK-based Apis Partners.