The funds raised from the stake sale will be used to repay the outstanding loans to group companies, third parties and for other general corporate pur
Rest of Asia
Founded in 2009, IronSource provides developers a platform to acquire users and display ads within mobile phone games.
Cheetah Digital is backed by technology-focused global private equity firm Vector Capital.
PLUS Malaysia is 51% owned by engineering infrastructure and services firm UEM Group, a wholly owned subsidiary of Khazanah. State pension fund EPF ow
The investment will be in lieu of a 44.86 per cent stake in Regal International Airport Group.
The company is also weighing options for a proposed IPO in the domestic market.
LPs co-investing with GPs in emerging markets could even form a long-term trend.
D.Share is the maiden investment made by buyout fund VIG Partners’s latest vehicle.
Seoul-based Hahn & Co raised $2.7 billion for its third buyout fund and $500 million for a co-investment fund.
Eastspring is paying $137.6 million for the controlling stake in the mutual fund manager.
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