Analysis
Conglomerate turns profit across all segments, but structural challenges persist.
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Editor’s Take: The Week That Was — Dec 16-21
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Toshiba's reforms remain unfinished a year after going private
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Indonesia's Mayapada Group charts ambitious healthcare expansion
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Investors spot big promise in India's mid-price coffee segment
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Indonesian startup Magalarva bags funding from angel network
More Stories
Indonesia’s Mayapada Group charts ambitious healthcare expansion
Indonesia anti-graft agency raids office of Financial Services Authority
Singapore’s insurtech firm bolttech, valued at $2.1b, raises over $100m
Malaysia Airports $4b takeover offer by investors is reasonable, says deal adviser
Deals
The business Gowoonsesang Cosmetics is owned by Mibelle Group, a unit of Swiss retailer Migros
A Honda-Nissan merger would create a $54b company.
The deal is expected to be completed by mid-2025 and is subject to regulatory approvals.
The two companies said that Sony would invest about 50 billion yen in Kadokawa.
IPOs & Markets
The NSE in India outranked the bigger US exchanges in the amounts raised by IPOs for the first time this year.
OIA also holds shares in Musk’s SpaceX.
Private Credit
The first close has received a $20m capital commitment from the US DFC.
Kioxia raised 120 billion yen after pricing its IPO in the middle of the indicative range.
The announcement comes a day after the Japanese IT firm reaffirmed its support for KKR’s buyout offer.
