Deals
The consortium submitted a bid of up to 8 trillion won ($5.34 billion).
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Private Equity
The Asia Fund VI fund exceeded its original target of $7 billion.
Investors are looking for opportunities insulated from the broader headwinds.
Hana Bank’s acquisition is equivalent to a 6.55%.
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.
The Japanese company’s board and a special committee unanimously backed the offer.
