China’s Evergrande Health to acquire 51% stake in Swedish EV firm for $930m

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The Chinese healthcare service provider continues to diversify into new energy automotive industry.

Petronas in talks to acquire majority stake in Indian solar firm Amplus for $380m

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Norway’s Statoil ASA, France’s Total SA and Royal Dutch Shell Plc have also shown interest in investing in Amplus that has set up 350 megawatts of capacity across India.


Singapore-based Sunseap takes minority stake in Australia’s Todae Solar

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The deal marks Sunseap’s first investment in Australia’s commercial solar market.


India: Patanjali only suitor for Ruchi Soya as Adani opts out

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Patanjali Ayurved, the second-highest bidder, has informed the NCLT that it is still willing to match the bid by Adani Wilmar.


American Express buys restaurant booking platform Pocket Concierge in Japan

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Founded in 2011 by former chef Kei Tokado, the startup had secured a $600,000 early investment from 500 Startups and other investors.


Kakao Mobility seeks to broker peace with taxi drivers protesting car-sharing service

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The transportation unit of Kakao Corp also said it has decided to halt trials of the car-sharing service.


Thai government to approve TMB-Thanachart Bank merger by month-end

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This comes after the government last year approved tax incentives for bank mergers to help them better compete with their larger regional rivals.


Grover Zampa to acquire Four Seasons, associated wine brands from USL

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The Four Seasons divestment is a part of its strategy to monetise non-core assets, liquor major USL said.


US-based Ebix acquires India’s Essel Forex, Weizmann Forex

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The acquisitions are targeted at positioning EbixCash, the Indian arm of Ebix, as the largest financial exchange in the country.


Australia’s IOOF delays buyout of ANZ pension assets after inquiry

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IOOF said its $705 million deal to buy part of ANZ’s pension unit would now take place after it had formally split its pension assets.