India
ICICI Pru is also awaiting the nod to buy ICICI Ventures as part of its PE expansion.
1
Indonesia online ticketing app Tix.id lays off nearly 50% staff
2
India's ICICI Prudential AMC plans acquisition in PE space, says CEO
3
IDG, others pour over $141m into Chinese new materials maker Xingi
4
Japan's SBI Shinsei Bank raises $2.4b in IPO
5
Airwallex raises $330m in Series G at $8b valuation
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Rest of Asia
The bank is due to list on the Tokyo Stock Exchange on Dec. 17.
The fund will invest in performing and cash-flowing Indian companies.
Daiwa Securities will nominate a director to Ambit Wealth’s board.
Indonesia
The sovereign fund raised $3b through a sale of “Patriot” bonds in Oct.
The fund will pursue both buyouts and strategic growth equity.
The bank targets 200 billion yen in annual net gains.
Philippines
BillEase joins a growing roster of digital-centric fintech players that have bought smaller banks.
Both sides have agreed on commitments that will be jointly submitted to the OJK.
The regulator will soon gradually raise it first to 10%, including on future IPOs.