Deals
Proceeds earmarked for digital inclusion social projects in emerging Asia.
1
IFC weighs $250m investment in Sumitomo's Asia-focused digital inclusion bond
2
PH digital lenders in a flux as regulator prepares to redraw boundaries
3
Private equity bets big on Asia’s personal care, beauty boom
4
Blackstone pushes deeper onshore in Asia as private wealth pool expands
5
Evercore names new Asia private capital advisory head
More Stories
Affirma weighs stake sale in Singapore-based crane supplier Tat Hong
Asian LPs eye global mid-market for diversification, differentiated returns: Northleaf
Haveli Investments completes acquisition of Tiger-backed Sirion Labs
Granite Asia closes $110m AI IPO fund exclusively for DBS clients
Private equity interest in SE Asia’s education market holds firm
Analysis
Global investors are queuing up for Japanese, Korean and Chinese beauty brands.
It would include up to $130 million from IFC’s own account.
“This is our best and final offer,” says top Goldman executive.
The wealth fund held shares worth just under $3b.
PE firm Elevation Equity Partners Korea is Jollibee’s strategic partner in the deal.
Private Equity
The agreement follows months of talks.
Morgan Stanley had no clear plan for its next Asia fund before the secondary vehicle.
Earnings and Results
Its alternatives portfolio grew to 14.4 trillion yen ($91 b).
The offer represents a 29% premium to Tri Pointe Homes’ closing price on Thursday.
