By Arno Schuetze
Alvogen’s central and eastern European (CEE) business may be valued at up to $1 billion. CVC and Temasek bought a controlling stake in Alvogen in 2015 at a valuation of $2 billion.
KinderWorld Education Group, which runs schools across Southeast Asia, is working with advisers on a planned IPO that could value it at about S$300 million ($228 million).
Lightbulb was founded in 2014 in Hong Kong and expanded to Singapore in 2016
The acquisition is a strategic entry to the attractive German and Dutch logistics and industrial markets.
With competition in the financial services space heating up in Southeast Asia, companies that control the most data and better understand consumer behaviour will have an advantage over others, Li said.
The startup had planned to raise much less but higher investor demand led to a bigger round.
The acquisition raises ComfortDelGro’s total number of London taxis to 3,000.
Sembawang Shopping Centre was sold to a joint venture between Lian Beng Group and Apricot Capital
Park N Parcel plans to use the fresh funding to expand into Thailand, Hong Kong and Japan by the fourth quarter of 2018.
The round saw participation from existing investors Sequoia India, Alpha JWC and Golden Gate Ventures.