Deals
“This is our best and final offer,” says top Goldman executive.
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Editor's take: The week that was — Feb 16-21
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Investors find a value meal in Indonesia's affordable F&B segment
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Grab looking to triple profit by 2028 after first year in the black
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Peak XV secures $1.3b in fresh capital to boost India, APAC investments
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US Supreme Court strikes down Trump's global tariffs
More Stories
Investors find a value meal in Indonesia’s affordable F&B segment
Private equity interest in SE Asia’s education market holds firm
KKR sees strong long-term opportunities in India, says CIO Henry McVey
Schroders Capital taps Oaktree MD to bolster Asia fundraise
The wealth fund held shares worth just under $3b.
PE firm Elevation Equity Partners Korea is Jollibee’s strategic partner in the deal.
Private Equity
The agreement follows months of talks.
Morgan Stanley had no clear plan for its next Asia fund before the secondary vehicle.
Earnings and Results
Its alternatives portfolio grew to 14.4 trillion yen ($91 b).
The offer represents a 29% premium to Tri Pointe Homes’ closing price on Thursday.
The fund aims to raise over $130m in next 18 months.
IPOs & Markets
The market cap after listing will start at 3.3 trillion won.
The results mark Softbank’s fourth consecutive quarter in the black.