IPOs & Markets
Timee connects workers seeking side gigs with labour-strapped businesses.
1
Ant Group-owned payments firm 2C2P trims losses by 83% in 2023
2
SE Asian IPO fundraising plunges 60% in first half as Indonesia slumps
3
Thai auto sector reels under subsidies for Chinese EV makers
4
Shanghai launches $14b funds to ramp up IC, AI, biomedicine sectors
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Private equity giant Apollo pumps $700 million into Sony Music
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Deals
SBI will own 51% and Franklin Templeton 49% of the JV.
Private Equity
The Singapore-based investment firm holds around 18% stake in the Japanese film company.
The proposed investment comprises a $40.5m A Loan and a $19.5m syndicated loan.
The deal values BusinessOn at $258 million.
People
It has a sprawling portfolio of investments ranging from date farms to multinational conglomerates.
Nippon Steel will transfer its 50% stake in the joint venture to Baoshan.
Venture Capital
The fund writes cheques worth $300,000 to $500,000 for initial investments.
It will offer 2,781 yen per share from July 24 to Aug. 26.
Policy & Regulations
Prosecutors say Kim was involved in manipulating the stock price of SM Entertainment.