Japanese discount retailer Don Quijote keen to acquire Walmart’s Seiyu

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Walmart has said it has not decided to sell and is continuing to develop the business.

Indonesia’s Salim Group grabs minority stake in mobile money platform Youtap

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The investment will enable Salim to access Youtap’s full suite of e-money platforms. 


IFC may invest $3m equity in Indosurya’s mortgage financing JV in Jakarta

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The venture will have Indosurya holding 65% while IFC and other investors will own 20 per cent and 15 per cent respectively.


PVR acquires Chennai’s SPI Cinemas for $91m to widen reach

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The acquisition of SPI, the largest cinema exhibitor in south India, will make PVR the seventh largest cinema exhibitor in the world.


Australia’s Wesfarmers selling Kmart Tyre to Continental for $255m

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Last week, Wesfarmers agreed to sell 40% in the Bengalla Joint Venture to partner New Hope Corporation for $626 million.


Wipro, ITC, Cadila frontrunners to acquire Complan from Kraft Heinz

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All three bidders are expected to submit binding bids by 15 September, the deadline set by the investment bankers—JP Morgan and Lazard.


Paytm, Alibaba’s AGTech invest $16m in mobile gaming JV Gamepind

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While AGTech owns 45% of the gaming platform, One97 Communications holds a 55% stake.


Chinese co-working space operator MyDreamPlus raises $120m in Hillhouse-backed round

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The financing comes just weeks after the Chinese unit of WeWork Cos. said it was raising $500 million to boost growth in the country.


Chengwei Capital-backed Tot Biopharm secures $102m Series B funding

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The fundraising came more than eight years after the company secured $6 million in its Series A funding round led by private equity firm Chengwei Capital.


Redwood Investment sells $221.5m stake in AU Small Finance Bank

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Redwood disposed of 2.40 crore shares, or an 8.27% stake in the bank, through open market transactions.