Deals
The sale represents a near 5% premium to the November 2024 acquisition price.
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Indonesia’s ride-hailing commission cap risks hurting the drivers it aims to help
2
Greater China dealmaking hits new high in Q1 on 2025 momentum
3
Biotech startup Brano Therapeutics secures $6.8m and other SE Asia deals
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India Deal Review: Startup funding drops 17.7% to $1.2b in April
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Indian instant home services startup Pronto raises $20m, valuation doubles from March
More Stories
Vietnam’s Pharmacity in talks with Leapfrog to raise fresh funding
Danantara acquires less than 1% stake in GoTo, show IDX filings
Atome Financial secures $149m capital injection from parent
DCI Indonesia secures $976m loan to fund data centre expansion
Google, VNG launch Applied AI Lab to accelerate Vietnam’s AI capabilities
Interviews
There is a gap between fair pricing and private asset marks.
Analysis
The details were shared in court during questioning by a lawyer for Elon Musk,
IPOs & Markets
Blackstone Digital Infrastructure Trust is offering 87.5 million shares.
The JV will sell AI tools to PE-backed companies.
Earnings and Results
Its credit segment generated $20.4b in the quarter, while the real assets division drew $6.2b.
SpaceX is expected to go public later this year at a possible valuation of $1.75 trillion.
The increase in AUM was driven by the real assets business.
Private Equity
Lazard CL will be formed as the investment bank’s third global business.
It has received multiple preemptive offers to raise fresh capital of around $50 billion.
