Deals
Hana Bank’s acquisition is equivalent to a 6.55%.
1
Singapore court approves liquidation of three 1MDB-linked entities
2
India: Ride-hailing platform Rapido raises $240m funding led by Prosus
3
Hong Kong's Templewater buys SG-based Ascensus Health from Dymon Asia
4
India's Ola Electric to invest $208.5m in EV, cell units
5
Citi appoints Sutida Tambunlertchai as commercial bank head in Thailand
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Hong Kong’s Templewater buys SG-based Ascensus Health from Dymon Asia
Venture Capital
Turkish asset manager Arz Portföy also participated in the funding round.
The partnership will raise equity and debt capital for infra investments.
Analysis
In India half a dozen lenders, including Blackstone-backed Federal Bank, have created provision buffers.
The bid values the online marketplace at $4 billion.
Earnings and Results
The technology investor’s net profit more than tripled to $11.6b in the period.
Private Equity
The Japanese company’s board and a special committee unanimously backed the offer.
Japan had asked MBK to abandon its plan to buy Makino Milling Machine last month.
The company’s losses more than halved to $0.3 million in FY2025 from $1.8 million in FY2024.
The financing will comprise an IFC A-loan of up to $52 million and B1 loans of up to $30 million.
