Deals
India has opened the country’s space sector beyond the state-owned ISRO.
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Editor’s Take: The Week That Was—Mar 17-22
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As West tightens rules, emerging markets embrace Chinese capital
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ByteDance's non-Chinese investors emerge as front-runners to buy TikTok in US
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Yahoo strikes deal to sell TechCrunch to media investment firm Regent
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Private credit to become major asset class for Asian family offices: Endowus
More Stories
As India’s stock market party ends, new investors wake up with a hangover
ID Digest: Bank Aladin lays off 25% staff; Fore Coffee to launch doughnut business
ID Digest: Bank Jago’s profit surges 78%; Saratoga returns to profitability
SEA Digest: GIC backs Brazilian pharma Cimed; VinFast eyes more showrooms in ID
Venture Capital
The fund was launched in May last year with SG-based Vertex Holdings as anchor investor.
Analysis
Contributions and payouts will rise.
Buyers should show they can overcome antitrust concerns as talks over a possible merger continue.
The deal remains subject to Foreign Investment Review Board approval.
Ampere Computing is a silicon design company.
IPOs & Markets
The company had raised $2.97b in its IPO.
IFC and SCBPL will share equal risk, with IFC’s maximum exposure capped at $200 million.
The Japanese fintech’s in-vehicle tracker is boosting financial inclusion.
Hanwha’s $651m takeover bid was rejected by Austal last year.