Private Equity
The tender offer values Hankook at $1.45b.
Wellington Management launches four funds to cater to HK retail investor demand
Queensland Government's QIC sets up SG office to boost partnerships across Asia
TikTok and Tokopedia may announce Indonesian e-commerce deal soon
India Digest: Infra.market sells stake in RDC Concrete; Biryani By Kilo secures funds; Fireside Ventures mulls stake sale in Mamaearth
SEA Digest: Malaysia's Qarbotech bags seed round; Box Vietnam raises fresh funding
More Stories
SG insurtech Igloo closes $36m pre-Series C to drive M&A expansion in SE Asia
Indonesian fintech firm AwanTunai said to have bagged $18m in new funding
Indonesian construction tech firm Gravel raises $14m from NEA, East Ventures, others
The LP View: Flexstone bets on Asia, secondaries as global outlook towards PE shifts
Zephyr Peacock upsizes fourth India fund to $200-250m; eyes first close in July
Deals
Singapore-based ceEntek develops carbon nano-fibre enhanced ultra-high performance concrete products.
Policy & Regulations
The institution issued a five-year $750m green bond after setting up a green bond framework in 2021.
The capital commitment was led by funds advised by Neuberger Berman.
Axiata will sell Ncell, its mobile service unit in Nepal, for a fixed consideration of $50 million.
Murakami’s funds have raised their stake in Cosmo Energy to nearly 25%.
Analysis
Investcorp has $50b in AUM.
The deal will allow Seven & i to establish itself as an industry leader in Australian convenience store market.
The firm recommended investors agree to the group’s existing bid.
The firm eyes making its industrial robots there for the first time.
