IPOs & Markets
Prospective investors are questioning the firm’s surging valuation, citing an “unproven” track record.
1
Firmus $5b IPO divides investors after valuation triples in two months
2
Southeast Asian PE sellers can’t just hire a bank and expect exits
3
Withdrawal requests from Blue Owl's flagship fund slow as private credit turmoil eases
4
SK Group's Chey to sell stake worth $700m in SK Corp to fund divorce settlement
5
Singapore, World Bank Group partner to drive ASEAN Power Grid action
More Stories
HarbourVest said to buy GIC’s $1b private fund portfolio in secondary deal
Starved for exits, SE Asia risks expecting too much from GCash
Indian firms beat market slump with record $25b H1 equity fundraise
Private Credit
Investors sought to withdraw $4.2b from two funds in Q3, down from $4.7b in the prior quarter.
Analysis
Chey will remain the top shareholder SK Corp, the holding firm of SK Hynix.
London’s stock market has shrunk over the past decade.
So far this year worldwide M&A is up 28% to $3.9 trillion.
Deals
Reports said Tokio Marine had identified Suncorp as a preferred takeover target.
KPMG declines to sign off on accounts for three Metrics funds.
However, the rush of deals is making investors more selective, bankers say.
The proposed round would provide capital in place of an IPO.
Anthropic expects to build AI infra with six partners over a decade.
