Singapore’s GIC to acquire Paris office tower for $537.7m

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The property was acquired from Unibail-Rodamco-Westfield, a European commercial real estate company.

GIC Nordic Aviation Capital

Uber said to weigh sale of minority stakes in self-driving car unit

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Uber will retain operational control and majority ownership of the unit, but external partners could share the cost of developing and eventually commercializing self-driving technology.


SoftBank ‘anxiously’ looking at developments in Saudi Arabia, says COO

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Unease over SoftBank’s ties to Saudi Arabia, which provided $45 billion for the former’s Vision Fund, dragged down its shares earlier this week.


Walmart trims 2018-19 profit outlook after Flipkart’s $16b acquisition

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Walmart also predicted that its US e-commerce growth next year will be slower than the current financial year.


India: Bhushan Power creditors are said to back JSW’s $2.7b takeover bid

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JSW bid about 196 billion rupees ($2.7 billion), higher than rivals Tata Steel Ltd. and Liberty House Group.


Samsung acquires Spanish AI tech firm Zhilabs to boost 5G capabilities

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Zhilabs will continue to operate independently under its own management, Samsung said in a statement.


Australia’s Quintet Partners picks stake in recruitment firm Talent

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Post investment, Quintet will become the largest shareholder after founder and executive chairman Richard Earl.


Ola-backed Foodpanda India acquires food-tech startup Holachef

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Holachef marks Ola’s second acquisition within a year, which bought Foodpanda from Germany’s Delivery Hero in December last year.


China: Baidu picks stake in NetEase Cloud Music

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Baidu will strategically partner with NetEase Cloud Music to further its businesses in content, copyright, and traffic sharing.


India Dealbook: LetsMD, Incut Digital, FarmersFZ & Sekura ink deals

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The investment in LetsMD is a combination of a primary and secondary transaction, including Rs 4 crore of new equity funding.