Deals
It has rejected SG Fleet Topco’s $536.85m bid.
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Unitree's Shanghai IPO more than 8,000x oversubscribed by retail investors
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S Korea to launch $3.5b semiconductor fund, plans new hubs
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India: AUM Ventures makes first close of second deeptech fund at $24m
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IFC invests $23m in NDR Smart Spaces to develop logistics platform
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Indonesia’s OJK moves ahead with IDX demutualisation, eyes state institutions as shareholders
More Stories
Asian markets provide scale that private credit needs: Värde Partners
Google Ventures invests in Singapore startup Engine Biosciences
MAS spinout Gprnt targets $10m Series A funding for Asia expansion
India Deal Review: Startup funding more than halves in July after June spike
Shein turns back to China after Vietnam warehouse experiment fails
Private Equity
Other bidders include Pacific Equity Partners, Bain Capital, and Oaktree Capital.
The project is being led by US-based AI startup Bitgrit and Japan’s S2.
The hacking attempts have caused a stir on Wall Street.
Earnings and Results
It made an investment gain of 1.86 trillion yen over the quarter.
Distributable earnings rose 18% YoY.
Disney’s exit follows the company’s efforts to prioritize streaming and ESPN.
However, the spending spree underpinning its lofty ambitions is not over.
KKR has raised $45b across its latest infrastructure fund vintages globally.
IPOs & Markets
The IPO could be the biggest New York listing of a Chinese company in over a year.