Malaysia
The duo is proposing to acquire 98.24% in the company.
1
Quadria-backed consortium makes takeover offer for Malaysia’s Apex Healthcare
2
KKR's third Asia infra fund gathers $3b in Q3
3
Amazon's low-cost e-commerce service to go global
4
Dubai hookah maker AIR to go public in US via $1.75b SPAC deal
5
FMO weighs investment in Indian NBFC Ecofy Finance
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Half of KKR’s PE capital distributions this year to come from Asia
World
Some of the newer markets include Hong Kong, the Philippines, and Taiwan.
Rest of Asia
Dubai-based AIR said it generated $375m in revenue and $150m in adjusted EBITDA.
Indonesia
Indonesian government spokesperson Prasetyo Hadi said a decision will come soon.
India
The company had said on October 30 that the fundraise would bolster cash reserves.
Singtel now holds a 27.5% stake in Bharti Airtel, down from 31.4% in 2022.
Global Atlantic is set to extend a $750-million unitranche loan at a single-digit interest rate.
Earlier, Swiggy had sold its 12% stake in the company for about $270m.
The transaction was first reported by DealStreetAsia in September.
Singtel unit Pastel holds a 8.32% stake in Bharti Airtel as of September 30.