By Eric Newcomer
They’ve both raised hundreds of millions of dollars. But that isn’t stopping them from looking for new financing with even loftier valuations.
The deal combines two firms that handle communications between apps and their users.
State-owned Gtel, which operates the Gmobile brand, is currently undergoing a restructuring exercise.
MUFG owns 19.73 percent of the Vietnamese lender, according to Refinitiv data.
The estimated net proceeds are about S$9.92 million ($7.21 million). AHS intends to use all the net proceeds to finance business expansion and grow its existing business.
Acquiring Ixom would help Keppel Infrastructure, led by recently appointed Chief Executive Officer Matthew Pollard, to widen its exposure beyond Singapore.
Dr. Reddy’s intends to streamline manufacturing operations and reduce costs through this sale.
HNA had bought Pactera from Blackstone in 2016 for $675 million (515 million pounds) in cash.
Amazon is reportedly eyeing a 30 per cent stake in Spencer’s Retail but talks have been held up due to differences over valuation.
Multi-boutique asset management firm Pacific Current Group had invested in Aperio in January 2016, paying a total of $31.8 million.