Australia’s Macquarie sells Poland’s Gdansk port terminal in $1.3b deal

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The global buyer consortium includes PSA International and fund manager IFM Investors, in addition to Polish state fund PFR.

Macquarie

China’s Bytedance acquires Mokun to tap into gaming industry

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After being acquired, it is now wholly-owned by Bytedance’s subsidiary Beijing Zhaoxi Guangnian Technology.


INTL FCStone acquires UOB’s brokerage, clearing business unit

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INTL FCStone provides financial-services execution, risk management, market intelligence, and post-trade services.


Korean automakers Hyundai, Kia Motors invest $300m in India’s Ola

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The deal also marks Hyundai’s foray into fleet vehicles as it expands operations from automobile manufacturing and sales to total fleet solutions.


China’s Fosun to adopt asset-light strategy for new Club Med resorts

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The three-year-old arm of Chinese conglomerate Fosun will launch at least 11 new resorts in the coming years under the French brand.


China Evergrande Group reckons it can take on Elon Musk’s Tesla

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Evergrande will feel the pressure too from local players, like BYD Co., which has been a big beneficiary of electric-car subsidies from Beijing.


Australia’s online lender Waddle raises $3m Series A from Allectus Capital

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Waddle will use the fresh capital to scale the platform in Australasia and accelerate the integration of its global financial services partners.


Indian conglomerate L&T throws down gauntlet in Mindtree takeover battle

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L&T announced it has agreed to buy Cafe Coffee Day founder V.G. Siddhartha’s stake in Mindtree Ltd for ₹3,269 crore, setting the stage for a showdown with the Bengaluru-based company’s controlling shareholders, who are preparing a defence against the hostile takeover.


Brookfield buys hotels, property from India’s Hotel Leela Venture for $576m

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The company will sell four Leela hotels at Bengaluru, Chennai, Delhi and Udaipur and its property in Agra to Brookfield.


US fintech FIS to buy Worldpay for $35b in biggest-ever payments deal

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FIS and Worldpay combined will have annual revenue of about $12 billion and adjusted core earnings of about $5 billion.