Deals
A vehicle owned by the Niel family will buy e&’s roughly 16.2% stake.
1
UAE's e& to exit Vodafone in $6b deal, French tycoon Niel to become top shareholder
2
India: Iswarya Fertility raises about $37m from healthcare investor OrbiMed Asia
3
India Digest: Fundamentum's third vehicle; Alpha Wave Global exec to launch fund
4
Asia Digest: B Capital-led consortium to buy Russell Investments; MindChamps enters California
5
SK Hynix's US debut after $26.5b IPO to test AI appetite
More Stories
Beyond the Buyout: Asia’s $54b paradox
Beyond the Buyout: Asia’s top PE markets face different stress tests
Temasek to raise private credit allocation as market faces stress test
BEENEXT’s top leaders weigh launching independent funds
Flip announces strategic partnership with India’s Paytm
The company said it will use the funds to set up new centres in existing and underserved markets.
Private Equity
Fundamentum is targeting a corpus of $230 million.
The joint venture plans to establish up to 125 MindChamps preschool centres across California.
IPOs & Markets
SK Hynix shares have dropped a quarter from their record high hit two weeks ago.
Singapore
The deal will add roughly $800 million in client balances.
Greater China
Tencent, together with Manus’ original investors, is planning to buy the company back for at least $2b.
Indonesia
The stock rose 34.12% from its IPO price shortly after trading opened.
Rest of Asia
GPIF is one of the world’s largest pension funds.
Huatong is expanding its production capacity in Tanzania and Cameroon.
