Policy & Regulations
The US president said he would be speaking to Chinese President Xi Jinping on Friday.
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Trump indicates Tiktok deal is done
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India: Pine Labs gets market regulator's nod for IPO
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SE Asia Deal Review: Startup funding slumps 84% in Aug as megadeals dry up
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ID's United Tractors buys gold mining unit of J Resources for $540m
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LSEG launches blockchain-based platform for private funds
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KKR divests stake in Sari Roti to Leafgreen Capital, Gateway Partners
Trustar eyes final close of $1.3b USD Fund V in two weeks
It would be the fourth reprieve granted by President Donald Trump.
Private Equity
The fund is seeded with five stabilised income-generating logistics and industrial assets from GLP’s balance sheet.
Asia PE-VC Summit 2025
Fund V was launched in late 2021, the year Trustar rebranded from CITIC Capital Partners.
Deals
Sainsbury’s bought Argos in 2016 for 1.1b pounds.
Trump has extended a deadline for TikTok to divest its U.S. assets to September 17.
Evergrande liquidators are seeking buyers for its stakes in its two most valuable assets.
IPOs & Markets
Most IPO units went to insurers, strategic capital investors, and securities firms.
Starbucks had invited about 10 potential buyers to submit non-binding bids by early September.
Analysis
The move would further dent Nvidia’s China business.
