Private Equity
The cash-and-stock deal would also see Melio receiving up to $500m.
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CVC Capital looking to divest 40% stake in PH's Fast Group: report
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China's Anjoy Foods plans to raise up to $336.3m in HKEX listing
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China urges AIIB to expand funding for cross-border development
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ID Digest: DBS Indonesia launches blended finance for SMEs; Seedflex registers with OJK
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Blume Ventures seeks $300m for fifth VC fund; IFC may come in as LP
More Stories
More managers in Asia are tapping AI beyond operational purposes
SSIAM, SK Group pause investments from their joint Vietnam fund
Vietnam’s Galaxy Education raises $10m from East Ventures, others
Oman Investment Authority adds 13 new funds to PE portfolio
Malaysia’s Jelawang Capital names first five GPs for FoF programmes
IPOs & Markets
The IPO could value the firm significantly higher than its valuation in 2020.
Private Credit
The combined credit unit will be led by John Vibert.
Venture Capital
The Series D funding was led by tech investment firm Bond.
Analysis
US findings suggest China’s leading AI firm may have overstated its capabilities.
Bain’s stake in Virgin will drop to 39.4% from about 70%.
Earnings and Results
For the first time in its history, Prosus’ free cash flow was positive.
The sovereign wealth fund also funded Grok developer xAI.
The company is backed by Andreessen Horowitz and Lightspeed among others.
SoftBank has spoken with officials to discuss tax breaks for companies investing in the hub.
