Deals
The bank will invest up to $5b in Applied Digital’s AI data centres.
1
India Digest: TyrePlex, Eccentric Engine, Sarla Aviation raise funding
2
Asia Digest: Grab, BYD ink partnership; MAKA Motors launches Cavalry
3
Hissa launches $35m fund to support ESOP liquidity for Indian startups
4
Malaysia's Yinson Holdings secures $1b funding for oil & gas parts arm
5
BDx seeks to open a dozen more data centres in Indonesia
More Stories
TPG said to have closed investment in Asian flower business Hasfarm Holdings
Indonesian AI startup Bythen secures $5m funding led by Vector Inc, Skystar Capital
Vietnam-based PE firm ABB closes second fund at $70m
PE major EQT anchors Cornerstone Robotics’s $70m funding
Singapore sovereign wealth fund GIC’s CIO said to be stepping down
IPOs & Markets
The proposed listing could be the biggest in Singapore since the $977 million IPO of Digital Core REIT in 2021.
People
Nemali will be based in Singapore.
Private Equity
The founding family will invest 500b yen and Itochu over 1 trillion yen, Bloomberg reported
Earnings and Results
The firm has hastened plans to offload its non-core assets.
That is a 19% increase from a year ago.
Analysis
Market watchers expect more such deals in store for 2025.
Policy & Regulations
The owner of 7-Eleven stores has rejected Couche-Tard’s offer.
The investment is part of Altilium’s Series B fundraising.
KKR owns 85% of Seiyu and Walmart the remaining 15%.
