Private Equity
The investment is part of a $682.87m capital raise by IIFL.
1
Blackstone to buy 16% of IIFL Finance for $535m in latest foreign bet on Indian lenders
2
Anthropic to test Wall Street's AI fervour with $1.4t IPO valuation target
3
Alibaba's AI chip unit T-Head confidentially files for Hong Kong IPO
4
Sea Ltd's Q3 profit rises 34% as Shopee posts record quarterly earnings
5
Singapore launches $500m climate fund for SE Asia's agri-food sector
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IPOs & Markets
The AI lab aims to raise up to $64.4b in the share sale.
The spin-off will help the chipmaker raise capital independently.
Earnings and Results
Shopee recorded the fastest YoY adjusted EBITDA growth among Sea’s businesses.
Climate Tech & ESG
The programme will focus on climate adaptation across the agri-food value chain.
India
The acquisition fits BDR’s growth plans in oncology, critical care and women’s healthcare.
Philippines
Its Q3 revenue reached a record 24b pesos, up 16.6% from a year earlier.
World
The result compares with a 2.5 trillion yen profit a year ago.
Rest of Asia
The partnership reflects the growing attractiveness of Japan as a PE market.
Investors had previously discussed a valuation of $2 trillion for Anthropic.
