India Resurgence Fund (IndiaRF), an India-focused investment platform promoted by Piramal Enterprises and Bain Capital, on Monday said it has agreed to invest Rs 1,000 crore ($118 million) for a controlling stake in chemicals manufacturer and exporter Anthea Aromatics. Founded in 1992, Anthea Aromatics manufactures products catering to flavours and fragrances, home and personal care,… Continue reading Bain-backed IndiaRF takes controlling stake in Anthea Aromatics for $118mAnthea’s investment is IndiaRF’s first investment from its second fund.
Author: Deal Street Asia Online News
Growtheum Capital invests $121m in PH cold-chain firm Mets LogisticsMets’s founder-shareholders will also be investing $8.6 million as part of the str…
Singapore-based private equity firm Growtheum Capital Partners (GCP) is investing about 7 billion pesos (around $121 million) in Mets Logistics, a Philippines-based cold-chain solutions provider, according to an announcement. The investment will help accelerate Mets’s expansion in the cold-storage logistics sector in the Philippines. The company currently operates cold storage facilities nationwide, with around 100,00… Continue reading Growtheum Capital invests $121m in PH cold-chain firm Mets LogisticsMets’s founder-shareholders will also be investing $8.6 million as part of the str…
Indian PE Somerset Indus invests in Cyrix HealthcareThe deal marks Somerset’s first investment from its third fund.
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Vietnam’s Techcombank mulls stake sale, Warburg likely to exitWarburg Pincus invested $370 million in Techcombank’s pre-IPO round.
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India’s MobiKwik to launch scaled-down $67m IPO next weekIn Jan, MobiKwik filed for an IPO worth up to $84m.
Indian digital payments firm MobiKwik, backed by the Abu Dhabi Investment Authority (ADIA) and Bajaj Finance, announced on Friday that it has set a price band of Rs 265 to Rs 279 per share for its initial public offering (IPO), aiming to raise up to Rs 572 crore ($67 million). This target is lower than… Continue reading India’s MobiKwik to launch scaled-down $67m IPO next weekIn Jan, MobiKwik filed for an IPO worth up to $84m.
LG Electronics India files for $1.8b IPO amid strong consumer durables demandAbout 298 companies listed on the Indian bourses have raised $16.65 billi…
The Indian unit of South Korea’s LG Electronics filed for an initial public offering on Friday to cash in on the country’s growing demand for consumer durables amid higher appetite for IPOs. The Indian firm said its parent company will sell 101.8 million shares as part of the offering. No new shares will be issued for sale. The IPO for LG Electronics India, which sells washing machines and refrigerators, is valued… Continue reading LG Electronics India files for $1.8b IPO amid strong consumer durables demandAbout 298 companies listed on the Indian bourses have raised $16.65 billi…
Singapore’s Aelios offers to buy rest of Suntec REIT shares at $2.5b valuationAelios increased its stake in Suntec REIT to 31.45% triggering the offer…
Singapore’s Aelios, owned by billionaire couple Gordon and Celine Tang, on Thursday launched a mandatory general offer to buy shares in Suntec Real Estate Investment Trust that valued the REIT at S$3.39 billion ($2.53 billion). The investment holding company, which already owns almost a third of the REIT, will buy the shares at S$1.16 each in… Continue reading Singapore’s Aelios offers to buy rest of Suntec REIT shares at $2.5b valuationAelios increased its stake in Suntec REIT to 31.45% triggering the offer…
Few exit options prompt India’s deeptech startups to take road less travelledSME IPOs emerge as a viable solution for both startups and investors in t…
India’s nascent deeptech sector, riding high on advancements in artificial intelligence, robotics, drones, and other cutting-edge technologies, is facing a strange conundrum. While early-stage funding in the space has gained significant traction, late-stage capital remains sparse, creating challenges for both startups seeking to scale and investors eyeing returns. Go to Source
Chinese cosmetics firm Mao Geping to set HK IPO price at top of rangeAt the top of the range, Mao Geping will raise $270 million in the IPO.
Chinese cosmetics firm Mao Geping is set to price its shares at top of the price range to raise $270 million in a Hong Kong initial public offering, according to a source with direct knowledge of the matter. Mao Geping did not immediately respond to a request for comment. The company is selling 70.6 million… Continue reading Chinese cosmetics firm Mao Geping to set HK IPO price at top of rangeAt the top of the range, Mao Geping will raise $270 million in the IPO.
Saudi Venture Capital invests in female-founded PE firm Aliph CapitalAliph Capital has acquired a 25% stake in Sanipex Group.
Government-backed investment firm Saudi Venture Capital (SVC) has announced a significant investment in the latest growth fund of Aliph Capital, the first female-founded private equity firm in the Middle East. The vehicle, Aliph Fund I, is a $250-million PE fund that looks to invest in mid-sized companies in Saudi Arabia and the Gulf Cooperation Council… Continue reading Saudi Venture Capital invests in female-founded PE firm Aliph CapitalAliph Capital has acquired a 25% stake in Sanipex Group.