BlackRock has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in an expansion by the world’s biggest asset management company into the private markets data segment. BlackRock said in a statement that the acquisition would complement its Aladdin tech business by bringing together data, research, and investment processes for fund… Continue reading BlackRock to buy UK data group Preqin for $3.2b in cash
Author: Deal Street Asia Online News
Tokyo-based SmartHR secures $140m from KKR, Teachers’ Venture Growth
Tokyo-based Japanese HR automation service provider SmartHR has secured $140 million in its Series E funding round co-anchored by private equity giant KKR and Teachers’ Venture Growth (TVG), the late-stage investment arm of Ontario Teachers’ Pension Plan. The transaction marks KKR’s latest technology investment in Japan, where its portfolio includes Yayoi, a financial and accounting… Continue reading Tokyo-based SmartHR secures $140m from KKR, Teachers’ Venture Growth
IFC proposes $100m debt investment in Tata Group’s Infopark Properties
The International Finance Corporation (IFC), a member of the World Bank Group, has proposed an investment of $100 million (Rs 835 crore) in Infopark Properties Limited (IPL) to help the latter settle an outstanding debt, per a disclosure. The proposed investment, which is in the form of a senior secured loan, will be utilised to… Continue reading IFC proposes $100m debt investment in Tata Group’s Infopark Properties
Indian health insurer Niva Bupa looks to raise $360m in IPOBupa Singapore Holdings and Fettle Tone will sell shares in the IPO.
Indian health insurer Niva Bupa has filed for an initial public offering (IPO) to raise up to 30 billion rupees (nearly $360 million), draft papers showed on Monday. The company, majority owned by British United Provident Fund (Bupa), said it will issue fresh shares worth up to eight billion rupees as part of the offering.… Continue reading Indian health insurer Niva Bupa looks to raise $360m in IPOBupa Singapore Holdings and Fettle Tone will sell shares in the IPO.
IFC proposes $60m loan to Indonesian steel producer Gunung Raja
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Google buys stake in BlackRock-owned Taiwan solar power firm New Green Power
Google said it has taken a stake in Taiwan’s New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors… Continue reading Google buys stake in BlackRock-owned Taiwan solar power firm New Green Power
Investor backing paves the way for more Thai startup IPOsThailand’s once-lacking startup landscape is starting to flourish with funding from VCs as we…
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SE Asia’s renewable energy potential hinges on policy reforms, deregulation: Macquarie Asset ManagementDeregulation is key to stimulating energy trans…
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PharmEasy-backer Orios Venture Partners delays third fund close yet againThe fund is now expected to hit the final close in Dec 2024.
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Six months on, TikTok-Tokopedia merger reshaping Indonesia’s e-commerce landscape
Six months after the merger between TikTok and Tokopedia, ByteDance’s e-commerce ecosystem seems to have undergone significant changes, marked by layoffs and strategic shifts. But more importantly, it has raised questions about the impact of the merger on Indonesia’s e-commerce industry as a whole. Go to Source