It had earlier hired JPMorgan to advise on the potential sale of the unit, Daiichi Sankyo Healthcare.
Reasons why asset owners prefer to shift to private equities from public markets
Anil Ambani Group to exit asset management biz, sell shares to Nippon Life
Meituan’s losses narrow; fends off rival Alibaba in food, travel segments
Ride-hailing apps will alter car ownership pattern with new services
Starbucks said to license Thai retail business to Coffee Concepts
Honestbee seeks $14m bridge financing via convertible debt at double-digit interest rates
Temasek unit to raise $598m via private equity bonds
P2P lender Funding Societies said to seek $50m in fresh funding
India: Yes Bank eyes private equity funds to raise confidence capital
Vietnamese vacation rental startup Luxstay bags $4.5m from Korean investors
Policy & Regulations
Nepal said payments from the two unregistered systems were illegal and resulting in a loss of income to the Himalayan nation.
The Japanese automaker is making a "significant move to steer its focus to China" — a market where it is far behind industry leaders Volkswagen and
Packages Ltd is seeking capital to remove bottlenecks in its packaging and carton line operations in Pakistan and South Africa.
Toshiba Memory is aiming for a listing in Tokyo later this year or in early 2020.
The fund brings together two partners for a total initial equity of $630 million.
An unprecedented wave of consolidation hits the region’s financial industry.
IPOs & Markets
The US bank is acting as stabilization agent for Arabian Centres, which may start trading this week.
The funding will be used for the startup's overseas expansion, both for production and sales.
Sarmayacar is raising $30 million to target seed to early stage startups in Pakistan.
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