Australian fast food chain Guzman y Gomez (GYG) has upsized its initial public offering (IPO) by nearly 38% from the original target to stand at A$335.1 million ($335.1 million), it said in a statement on Friday. The increase came after Mexican food-themed GYG received orders from Capital Research Global Investors to buy into the IPO,… Continue reading Australia’s Guzman y Gomez increases IPO size by 38% to $335.1m
Author: Deal Street Asia Online News
Hero MotoCorp invests $14.9m more in Ather Energy and India deals worth $103m
Continue reading with Data Vantage Venture-backed company data in SE Asia, India, Pakistan, Bangladesh. Instant investment updates and valuations. Tailored search, 3 monthly reports. Industry-trusted platform. Learn more about DATA VANTAGE Printed by Unregistered user on Fri, 07 Jun 2024 07:59:39 GMT Go to Source
Vingroup is letting go of retail cash cow to raise funds for red-ink VinFast
Go to Source
Japan’s MUFG, SMFG weigh selling Toyota shares worth $8.5b: report
Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group are considering selling 1.32 trillion yen ($8.5 billion) worth of strategic shareholdings in Toyota Motor, Bloomberg News reported on Friday, citing sources. The sale would come amid a wave of stock buybacks, unwinding of cross-shareholdings, and management buyouts in Japan as the Tokyo Stock Exchange adds… Continue reading Japan’s MUFG, SMFG weigh selling Toyota shares worth $8.5b: report
South Korean startup Wrtn raises $18m in funding amid AI raceIt attracted interest from investors looking to bet on the consumer-side of the AI boom.
South Korean artificial intelligence startup Wrtn Technologies raised 25 billion won ($18.33 million) in its latest round of funding as investors flock to AI bets and Seoul backs the development of next-generation AI technologies. Investors such as the Asian arm of Silicon Valley-based venture capital firm BlueRun Ventures and the corporate venture capital arm of… Continue reading South Korean startup Wrtn raises $18m in funding amid AI raceIt attracted interest from investors looking to bet on the consumer-side of the AI boom.
Vietnam’s Xanh SM drives into Indonesia, but will it be able to navigate the crowded ride-hailing market?
Go to Source
Temasek anchors $208m investment in German radiopharma firm ITM
ITM, a radiopharmaceutical drug developer headquartered in Germany, has announced raising €188 million (about $208 million) in equity investment led by Singapore state investor Temasek. The investment was also backed by global private equity (PE) major BlackRock, sovereign wealth fund Qatar Investment Authority, single-family office ATHOS, and European PE firm Carbyne Equity Partners, according to… Continue reading Temasek anchors $208m investment in German radiopharma firm ITM
RTP Global in final talks to invest in 3 Indian startups from latest fund
RTP Global, which launched a $1-billion fund last year, is in final talks to invest between $5 million and $7 million each in three Indian startups, solidifying its foothold in the South Asian market that is currently a focal point of global investor interest. Go to Source
China’s Space Pioneer closes $207m round to mass produce heavy-lift rocketsVC-backed players like Space Pioneer, LandSpace Technology, iSpace, and Gal…
Chinese commercial launch company Space Pioneer has secured over 1.5 billion yuan ($207 million) in a Series C+ round of financing to advance its product portfolio including medium and large liquid launch vehicles and rocket engines. Space Pioneer, also known as Beijing Tianbing Technology, has so far completed 15 funding rounds with more than 4… Continue reading China’s Space Pioneer closes $207m round to mass produce heavy-lift rocketsVC-backed players like Space Pioneer, LandSpace Technology, iSpace, and Gal…
Asia Digest: Alef’s Abu Dhabi IPO oversubscribed; Future Fund, QIC buy stake in EastLink toll roadAlef sold a 20% stake.
Edtech firm Alef Education’s initial public offering (IPO) in Abu Dhabi has been oversubscribed 39 times. In a separate development, the Future Fund and the Queensland Investment Corporation (QIC) have completed the acquisition of a minority stake in the EastLink toll road network. Abu Dhabi edtech firm Alef’s IPO oversubscribed Abu Dhabi-based edtech firm Alef… Continue reading Asia Digest: Alef’s Abu Dhabi IPO oversubscribed; Future Fund, QIC buy stake in EastLink toll roadAlef sold a 20% stake.