Greater China
The AI fund will focus on fields including intelligent chips, software, autonomous driving, and intelligent robots.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
5
Private equity giant Apollo pumps $700 million into Sony Music
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World
Financial heavyweights are cashing in on the lucrative streaming rights and cash flows the industry offers.
India
General Atlantic and KKR are among 4-5 PE firms vying for a majority stake in the Faridabad-based chain.
Rest of Asia
SBI will own 51% and Franklin Templeton 49% of the JV.
The combination creates a platform under the ESR brand with total AUM of $156 billion.
Indonesia
The Indonesian telco is looking to raise $1.5-2b from the sale.
Singapore
The companies have notified Singapore’s competition commission of the move.
Jio and MediaTek will team up to make digital dashboards for electric scooters.
Koral is backed by private equity firm Abris Capital.
Renewable companies and assets have become increasingly attractive as investors look to tap growth in the sector.