Deals

Australia’s AMP Capital raises $6.2b for infra debt strategy

IDF IV exceeded the $3.5-billion target and surpassed the $2.5-billion raised by its predecessor fund, IDF III.

Yanolja first invested $15 million in ZEN Rooms in July 2018.

The Rs3,950-crore deal also marks the entry of Brookfield in India’s hospitality market in a big way.

Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.

Olam has acquired almond processor and ingredient manufacturer Hughson Nut and associated real estate at a total enterprise value of $54.0 million.

Recruitment startup Belong is in talks to raise $10-12 million from investors.

The companies had aimed to complete the merger by August.

MobiKwik reportedly held talks with PayU to sell off its payment gateway business ‘Zaakpay’ for $50-60 million.

The bond sale received orders in excess of $1.2 billion, with the issue subscribed over 2.5 times.

UrbanClap plans to wind up its non-core businesses to ramp up its focus on two key categories, beauty and home.