Dutch technology investor Prosus NV said on Monday it would buy Latin America-focused online travel agency Despegar.com Corp for about $1.7 billion in cash, as it looks to expand its services across Latin America. Prosus, majority-owned by South Africa’s Naspers, said it would pay $19.50 per Despegar share, which is a premium of about 33%… Continue reading Prosus to buy Latin America-focused online travel agency Despegar.com for $1.7bProsus said it would pay $19.50 per Despegar share.
Author: Deal Street Asia Online News
India Digest: EPACK Prefab, Univest secure fundingEPACK Prefab bags $20 million in its first funding round from GEF Capital Partners.
EPACK Prefab, a turnkey solution provider for pre-engineered building, and stock market super app Univest have secured funding. EPACK Prefab raises $20m from GEF Capital Partners EPACK Prefab, a turnkey solution provider for pre-engineered buildings, pre-fabricated modular structures and insulation products, on Monday, said it has raised $20 million in its first funding round from… Continue reading India Digest: EPACK Prefab, Univest secure fundingEPACK Prefab bags $20 million in its first funding round from GEF Capital Partners.
Singapore’s TalkMed Group gets privatisation offer for $447m valuationTW Troy is offering TalkMed shareholders S$0.456 per share.
Singapore’s oncology service provider TalkMed Group said on Monday it had received a privatisation offer from TW Troy, valuing the company at S$606.1 million ($447.24 million). TW Troy, indirectly owned by oncology-focused group Tamarind Health, is offering TalkMed shareholders S$0.456 per share, representing a premium of nearly 5% to the stock’s last close on Friday.… Continue reading Singapore’s TalkMed Group gets privatisation offer for $447m valuationTW Troy is offering TalkMed shareholders S$0.456 per share.
Excelsior Capital Vietnam Partners hits first close of second fundExcelsior Vietnam II is seeking to raise $200 million.
End the Year with a Deal You Can’t Miss! Subscribe now and save 40% on our premium subscription. Enjoy unlimited access for a full year at just $199 (usual price $339). Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry… Continue reading Excelsior Capital Vietnam Partners hits first close of second fundExcelsior Vietnam II is seeking to raise $200 million.
HSBC plans to step up debt financing in Asia’s new economy firms, says regional headOne of the pain points in Asia is “access to capital”, said David …
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Toshiba’s reforms remain unfinished a year after going privateConglomerate turns profit across all segments, but structural challenges persist.
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HK firm TechStar Acquisition enters SPAC merger deal with Seyond unitTechStar’s listing on the HKEX would be withdrawn following the completion of the…
Hong Kong-listed special purpose acquisition firm TechStar Acquisition Corp said on Friday it is set to merge with Seyond Merger Sub, a special purpose acquisition unit of Seyond Holdings, in a SPAC transaction. TechStar said in a statement that the merged entity would become a unit of Seyond Holdings, with the negotiated value of the latter being around… Continue reading HK firm TechStar Acquisition enters SPAC merger deal with Seyond unitTechStar’s listing on the HKEX would be withdrawn following the completion of the…
India, Australia brighten new share sales prospects for 2025 in Asia PacificThe NSE in India outranked the bigger US exchanges in the amounts raised b…
Dealmakers expect the momentum for new share sales in India, now the world’s busiest market for initial public offerings, and Australia in 2025 will cushion the impact of sluggish Chinese deals in the Asia Pacific. The Mumbai-based National Stock Exchange outranked the bigger U.S. exchanges in the amounts raised by IPOs for the first time, driven by India‘s robust economic growth and increasingly active domestic investors, following… Continue reading India, Australia brighten new share sales prospects for 2025 in Asia PacificThe NSE in India outranked the bigger US exchanges in the amounts raised b…
Private equity firms pledge to be China-free as US tightens rules33 firms sign on to bipartisan-backed initiative ahead of key Congress vote.
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Malaysian retailer Eco-Shop said to be weighing $250m IPO in 2025Creador is slated to sell a nearly 8% stake in the firm.
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