India Digest: Adani plans housing finance co; Amtek Auto sale; WeWork India fund raise

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Adani’s housing finance company will offer home loans through realty developers and will also lend directly to retail customers.

India: Insolvency case against Videocon Industries to delay Videocon-Dish TV merger

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Direct-to-home (DTH) operator Dish TV India Ltd on Thursday pointed to the ongoing insolvency proceedings against Videocon group in the context of the delay in its planned merger with Videocon d2h. Dish TV and Videocon d2h had announced a merger in November 2016. Earlier, the company had said it expects… Read more »


Nomura’s resurgent M&A service tops ranking for the first time since 2011

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Nomura beat Goldman Sachs Group Inc. to the No. 1 spot in 2017 in large part due to deals involving buyout firms.


ANZ not selling finance unit to HNA after New Zealand blocks deal

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HNA had agreed to buy the vehicle finance unit – New Zealand’s largest non-bank lender – for $460 million early last year.


China Digest: Tsign, HUAZHI, 4K Garden, Weacar, Fit-Start raise funds

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China’s venture capital and private equity firms continue to invest in the country’s startup community


IFC likely to extend $100m debt to Indonesia’s snack producer Nabati

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The estimated investment required for Nabati’s project expansion is $133 million.


Japan’s Shiseido acquires US artificial skin technology startup Olivo

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This acquisition is the latest in a series of initiatives supported by Shiseido to expand its global beauty innovation footprint.


India: Tata Global Beverages may sell stake in Amalgamated Plantations

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Tata Global Beverages is expecting an enterprise value of around Rs1,300 crore ($204m) for Amalgamated Plantations.


India: Shree Cement to buy 93% stake in UAE firm for $305m

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This will be Shree Cement’s first venture outside India and its biggest acquisition ever.


China’s vegetable selling app Meicai said to raise $450m from Tiger Global, others at $2.8b valuation

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The funding underscores the lofty valuations Chinese companies are fetching in a market awash with capital.