Malaysia’s Press Metal to acquire 50% stake in Australian firm for $178m

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Press Metal said, the acquisition will ensure long-term access to raw material and reduce exposure to third party suppliers.

India: Sebi asks Fortis Healthcare to recover $55m from founders, eight firms

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Fortis accepted an investment offer from Malaysia’s IHH Healthcare Bhd  in July after an extended bidding war for control of the company.


India: KKR in talks to pick controlling stake in Aadhar Housing Finance

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Aadhar Housing Finance is a unit of Wadhawan Global Capital which also controls Dewan Housing Finance Co. Ltd (DHFL)


Philippines: Ayala arm invests in local health app AIDE

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Ayala Corporation said, the investment in AIDE is part of AC Health’s strategy to invest in innovative health technology solutions.


Indian adtech firm InMobi buys US-based Pinsight Media

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This is InMobi’s second acquisition this year. It acquired AerServe for $90 million this January.


India Dealbook: Aurionpro Solutions, One Co.Work, Reliance Industrial in M&A

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Reliance Industrial Investments and Holdings has acquired a 12.7 per cent stake in US firm SkyTran Inc.


India: Reliance to buy controlling stakes in Hathway, Den Networks for $710m

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Reliance, controlled by India’s richest man Mukesh Ambani, said it will acquire a 51.3 percent stake in Hathway Cable and Datacom Ltd for $399 million.


Credit management firm AsiaCollect makes India foray with Creditseva acquisition

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AsiaCollect estimates the Indian unsecured consumer NPL market is worth around $150 billion and is expected to grow at 24-25 per cent by 2020-21.


India Dealbook: Updates from ShareChat, Truebil, Drivezy, POWERED Accelerator

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The partial exit from Sharechat would give India Quotient a 25-30x return on its initial investment.


Yoma Bank extends second tranche of $2.5m debt to Myanmar’s Easy Microfinance

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Easy Microfinance is the tenth MFI in Myanmar that Yoma Bank has extended financing to in the last year.