By Ka Kay Lum
Press Metal said, the acquisition will ensure long-term access to raw material and reduce exposure to third party suppliers.
Fortis accepted an investment offer from Malaysia’s IHH Healthcare Bhd in July after an extended bidding war for control of the company.
Aadhar Housing Finance is a unit of Wadhawan Global Capital which also controls Dewan Housing Finance Co. Ltd (DHFL)
Ayala Corporation said, the investment in AIDE is part of AC Health’s strategy to invest in innovative health technology solutions.
This is InMobi’s second acquisition this year. It acquired AerServe for $90 million this January.
Reliance Industrial Investments and Holdings has acquired a 12.7 per cent stake in US firm SkyTran Inc.
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.
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.
The partial exit from Sharechat would give India Quotient a 25-30x return on its initial investment.
Easy Microfinance is the tenth MFI in Myanmar that Yoma Bank has extended financing to in the last year.