Metro Pacific Investments has said it plans to sell a 40% stake in Metro Pacific Hospitals at a valuation of $2-$2.5 billion.
People Digest: Nio’s Jack Cheng leaves role; Pomelo hires ex-Lazada CMO
Singapore’s Blue Planet acquires Malaysian waste management firm Globecycle
Deal activity in India’s roads sector gathers steam as foreign investors buy up assets
S Korean activist fund KCGI keen to buy controlling stake in Asiana Airlines
Japanese PE Longreach Group exits Nippon Outsourcing
Indonesia’s Protelindo, Telkom Group in talks to buy Indosat Ooredoo’s tower assets
Indonesian beverage chain startup Goola raises $5m from Alpha JWC Ventures
Harvard duo founded Indonesian P2P lender Modalku rises in booming market
DSG Consumer Partners nears final close of third fund at $65m hardcap
Venture debt gains ground as attractive funding option for startups
The Mitsubishi UFJ Financial Group banking subsidiary is making the investment through group member Bank of Ayudhya of Thailand.
The amount raised from the green bond issue will be used to fund climate-smart projects.
China’s tech giant Baidu and Chinese automotive producer Hongqi are working together to deploy 10 robo-taxis in Changsa.
BP has established a JV with DiDi Chuxing to build an EV charging infrastructure in China.
Metro Pacific owns 85.6% of the healthcare unit while Singapore's GIC owns the rest.
Philex is looking at 60% to 40% equity-sharing arrangement.
The seed round values the two-year-old edtech startup at 68 million pesos ($1.3 million).
IPOs & Markets
With $21 million in losses in 2018, analysts said Coffee Bean will be a drag for Jollibee.
Proceeds from the offering will be used to fund key property acquisitions for leasing purposes.
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