Deals
IHH Healthcare had submitted an indicative proposal.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
More Stories
Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
Venture Capital
The Gobi Dana Impak Ventures fund seeks to allocate $1.3b over five years.
The deal could value the business at around $1.36b.
Policy & Regulations
The US Judge said the forfeiture was not constitutionally excessive.
The reverberations of the collapse of Silicon Valley Bank continued to be felt this week.
The offer price is 78% above the second-highest bidder.
SVB collapsed on Friday in the biggest U.S. bank failure since the 2008 financial crisis.
IPOs & Markets
The listing could take place as early as September.
Private Equity
The investment was made from BPEA EQT’s Mid-Market Growth Fund.
Discussions are taking place for a minority stake to be sold in the decade-old edotco.
