India
This is one of the largest control deals in the sector in recent times.
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The announcement confirms DealStreetAsia’s report in February.
Greater China
Hong Kong-based Templewater will manage the fund.
Vietnam
Don’t be paralysed by the moment, said Perlman.
Singapore
The state-owned investor reported a total shareholder return of 11.8% for FY25.
The company raised $20 million in March this year.
Rest of Asia
VIG will hold about 85% of Viol’s voting rights.
Credit Wise Capital raises $24m funding round.
NIIOF has also acquired a road asset on the Chandigarh–Shimla highway.
The new fund targets a fund size of 1 billion yuan ($139.6m).