Rest of Asia
Bain’s efforts to list the company is a test case for buyout firms in Japan.
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US chips 'no longer safe' say Chinese industry body in united response to curbs
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BlackRock buys HPS for $12b, eyes growth in red-hot private credit market
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Swiggy narrows losses in Sept quarter, expects core profitability by end-2025
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Impact investor BlueEarth secures first close of evergreen private credit fund at $113m
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Indonesia expects Apple to commit $1b investments in a week
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Argor Capital closing $70m continuation fund to increase stake in eFishery
Millions of Indonesians collateral damage in digital lending boom
Vietnam’s Techcoop raises $70m Series A led by TNB Aura, AVV
SG-based Cross Capital seeks to bring Japanese LPs closer to the world
Indonesia’s oldest noodle chain Bakmi GM said to explore strategic sale
India
UBS downgraded GQG from a buy to a neutral rating.
Greater China
Six cornerstone investors have subscribed for $100m worth of shares led by CPE and Loyal Valley.
The company has appointed Echo Huang as CEO to replace Eric Ma.
Dubai-based Talabat said the offer was oversubscribed by a double-digit factor.
The plan comes eight years after the Singapore-incorporated firm was taken private by an investor group.
The robotaxi startup was valued at around $4.55b in the initial share sale.
NTPC Green’s IPO was oversubscribed by two times.
The company sold 170 million shares priced at HK$34.30 a piece.
Zomato has seen its stock surge 140% since its market debut.