By Mars Woo
The investment, which marks SoftBank’s first investment in Germany, will be made through its nearly $98-billion Vision Fund.
IDFC Bank and Capital First’s merger will create a combined entity with assets under management of Rs88,000 crore and distribution network of 194 branches.
The Public Investment Fund, or PIF, has held talks with local and international banks and could raise about $5 billion this year.
ACB’s shares were trading at around VND40,000/share on Hanoi Exchange, valuing the sale at about $263.2m.
Under the terms of the agreement, Kering will distribute to its investors 70% of the shares of Puma. The plan leaves Kering founder Francois Pinault’s holding company Artemis with about 29% of Puma shares.
Bianlifeng raised $300 million from CC Zhuang, founder of Chinese online travel search portal Qunar.com and Zebra Capital last year.
CITIC Capital increased its stake in HPGC to 60.86%, making it the controlling shareholder in the company where it has been an investor since 2005.
Indonesia and Papua have long pushed for greater control over Grasberg and the new ownership structure may ease tensions.
The acquisition of Aspion makes Top Glove one of the world’s largest surgical glove manufacturers.
Mubadala’s stake is worth about $920 million based on Thursday’s closing price.