By Makiko Yamazaki
A consortium led by U.S. private equity firm Bain Capital last year won a long and highly contentious battle for the unit. But Toshiba was unable to complete the sale by the agreed deadline of March 31 as it was still waiting for approval from China’s antitrust authorities.
INCJ will be investing $3.7 million in Optical Comb while PeptiStar will get up to $7 million from the Japanese investor.
Australia’s biggest general insurer has ventures in Malaysia, Thailand, Vietnam and Indonesia in SE Asia.
Plaid’s Karte has analysed an accumulated total of 2.2 billion users and up to ¥548bn in annual sales.
Asia Pacific’s disclosed deal value surged to $7.2 billion, with 61 deals in 2017, the highest level since 2001, the report noted.
Shire said Takeda’s proposals significantly undervalued the company’s growth prospects and drugs in development.
Blackstone has said it plans to double assets under management over the next five years.
Asia presents a chance to “swing big” because it’s unburdened by technological infrastructure, particularly in financial services, said Matthew Granade, who oversees investments at the venture-capital arm of Cohen’s Point72 Asset Management.
The acquisition enables P&G to add to its portfolio of existing consumer healthcare capabilities.
Before joining VMware, Rowe was CFO at Continental Airlines and led North American sales for Apple Inc.