Deals
It recently closed a small funding round from a Middle East-based angel association.
1
SG fintech startup PILLAR eyes Series A funding for Middle East expansion
2
Two new funds push EQT's evergreen business NAV to $11.4b in H1
3
Japan's ruling party warns about suspected collusion between activist investors and PE
4
Saudi PIF set to win EU nod for Electronic Arts deal: report
5
Chinese stocks tumble as CXMT's $8.6b Hong Kong IPO raises liquidity concerns
More Stories
Vietnam retailer Dien May Xanh eyes HoSE listing at $3.9b market cap
Indian wealth management platform Neo Group raises $37m led by Peak XV
Blackstone hires KKR dealmaker to lead India in Asia infrastructure push
Two new funds push EQT’s evergreen business NAV to $11.4b in H1
Private Equity
“We will, during Q3, launch an Asia-focused fund on the private capital side.”
Policy & Regulations
Activists are suspected of working with PE funds to take listed companies private.
Analysis
The deal is the largest leveraged buyout in history.
CXMT’s IPO “is sucking in too much money, and investors are voting with their feet”.
Greater China
The company makes optical modules used in AI data centres.
Vietnam
The offering marks one of the largest listings in Vietnam in the past two years.
India
The funds will be invested in investing in talent, technology, and new product capabilities.
Rest of Asia
The new price values Kakaku.com at about $4.20 billion.
MakeMyTrip has been listed on Nasdaq since 2010.
