Deals
As part of the exercise, Amartha will provide a financing lifeline to the poultry startup.
1
Indonesian fintech Amartha said to lead BroilerX restructuring
2
Samsung insurance firms to buy London-based Canopius for $1.5b
3
Oil giant Eneos bets on overseas acquisitions to push growth beyond Japan
4
HK's FundPark scales ABS facility past $1.25b with Citi deal
5
Tencent-backed chipmaker Enflame's IPO draws 6,109 times online demand
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Samsung Fire and Marine Insurance Co and Samsung Life Insurance Co, are expected to sign a deal to acquire the 50% stake.
Analysis
It said it would buy U.S. butadiene maker TPC Holdings for about $1.25bn.
The company is looking beyond its core Greater China footprint to drive its next phase of growth.
IPOs & Markets
Enflame is one of China’s leading AI chip startups.
India
The fund has a target corpus of Rs 1500 crore ($159 million).
Greater China
The funding was led by China-focused venture capital firm MPCi.
Malaysia
The business comprises CA Flavor, Orion Food, Mark’s Food Solutions and SC Food.
Singapore
nSWX has raised $2m in seed funding led by Tin Men Capital.
Indonesia
VKTR plans to use the proceeds for the procurement of electric buses and trucks.