IPOs & Markets
OPay operates in Indonesia, Egypt and Pakistan.
1
SoftBank-backed OPay eyes up to $4.4b US IPO valuation
2
Malaysia's SkyeChip joins SoftBank-backed Japanese project to develop memory for AI
3
Fast-fashion group Shein agrees to settle US FTC probe for $100m
4
Mental health firm Amaha raising capital to expand hospital, clinic network
5
HKEX launches new indexes for AI and semiconductor companies
More Stories
India Digest: Oyo halves IPO size; EQT-backed Sagility buys US co
Hillhouse offers to take Japanese IT firm Circlace private
Beyond the Buyout: Asia’s data centre boom faces growth pangs
Policy & Regulations
The settlement is equivalent to 44% of Shein’s Q2 profit.
Earnings and Results
About 7% of Blackstone’s $1.4 trillion AUM is exposed to AI infra across debt and equity.
Blackstone’s net realisations fell 34% to about $332 million.
Deals
Octus provides information on credit markets.
Analysis
NextDC shares closed down 41.7% with about A$3 billion wiped from its market value.
Its first-half loss widened from a loss of $13 billion a year earlier.
FleetPartners shareholders will receive A$5.30 in cash under the agreement.
The offer represents a premium of 19.8% over the stock’s closing price on Friday.
Private Equity
EQT Infrastructure VI will acquire all of Cleanaway’s issued ordinary shares.
