The deal would draw a line under a tumultuous period for the country’s No.2 carrier which is saddled with 9.6 trillion won ($8.3 billion) debt.
PolicyBazaar investor confirms Tencent’s investment in Indian fintech startup
Hyundai wins bid for stake in Asiana Airlines, to inject over $1.7b
Building management platform Smarten Spaces raises $12m from Symphony
Vodafone CEO says firm’s future in India in doubt after latest setback
Salt Bae backers mull stake sale in restaurant chain
Malaysian court to decide if 1MDB charges against Najib have merit
Ride-hailing deals bigger blow to SoftBank Vision Fund than WeWork
Indonesia’s Waskita Toll Road explores investment trust route for asset sale
Temasek Holdings makes slew of senior management changes
India’s Yes Bank makes record global surge post dismal phase
The fund raising would be the fourth-largest Series A on record for the Middle East.
A hunt for yield is prompting S Korean investors to pile tens of billions of dollars into unconventional assets abroad.
IPOs & Markets
The imminent listing of oil giant Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.
Abano owns one of the largest dental networks in Australasia, operating Lumino The Dentists in New Zealand and Maven Dental Group in Australia.
The funding was led by Global Founders Capital.
At a time when the startup is ramping up its Japan operations, its profit model has become a big debate.
The new mandate with China Merchants Capital is part of ESR’s capital recycling strategy.
This brings the total funding into WealthNavi to over $130 million.
Fukushima will issue new shares to SBI for 222 yen each for a total investment of 1.11 billion yen, making it the biggest shareholder.
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