Deals
Dubai-based AIR said it generated $375m in revenue and $150m in adjusted EBITDA.
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Editor’s Picks: The Week That Was - Nov 3 - 8
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Indonesia discussing plan for Grab-GoTo merger, government official says
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Ant Group makes healthcare a core focus in major AI push
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Early investors score exits from Vietnam's Coolmate via secondary share sale
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KKR to return $350m carry after Asia fund underperforms
More Stories
Quadria-backed consortium makes takeover offer for Malaysia’s Apex Healthcare
Early investors score exits from Vietnam’s Coolmate via secondary share sale
Alpha JWC looks to seed two startups in consumer, AI space
Interviews
Jonathan Gray talks about playing the AI megatrend, private credit, and India.
Private Equity
The deal will give EQT a 37.6% ownership in Douzone Bizon.
Tokyo team to focus on tech, healthcare, industrials, and new-economy real estate.
It was the third-largest shareholder in Cathay after Swire Pacific and Air China.
Microsoft invested $1.5 billion last year to take a minority stake in G42.
Policy & Regulations
The IPO was expected as early as December.
IPOs & Markets
ASIC said it will support moves to reduce the market capitalisation requirements on foreign firms.
Japanese investors’ crypto assets surpassed a record 5 trillion yen ($33.16 billion) at the end of July.
Fusemachines had announced a SPAC merger with CSLM Acquisition Corp last year.