BlackRock has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday. The final deal value would be closer to $12 billion, which offers a significant premium over HPS’s post-IPO valuation of $10 billion, the report said, citing two sources familiar with the matter. The two sides have… Continue reading BlackRock said to be in talks to buy private credit manager HPSThe final deal value would be closer to $12 billion.
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KKR partners with Weave Living to invest in multi-family assets in JapanThe partnership venture will initially target Tokyo with potential expansion t…
Private equity giant KKR and Asia’s living sector specialist Weave Living have announced a strategic partnership in Japan to develop over 3,000 multi-family residential units. The initiative – Weave Living Japan Residential Venture I – will focus on both newly built and existing assets, initially targeting Tokyo with potential expansion to Osaka, per the announcement.… Continue reading KKR partners with Weave Living to invest in multi-family assets in JapanThe partnership venture will initially target Tokyo with potential expansion t…
Pony AI raises $260m as US investor appetite for Chinese IPOs improvesThe robotaxi startup was valued at around $4.55b in the initial share sale.
China’s Pony AI said on Wednesday it had raised $260 million in its US initial public offering, valuing the robotaxi startup at around $4.55 billion, the latest to bank on improved investor sentiment in US markets. The company’s performance could indicate how investors approach China-based firms under the current US administration as both nations compete… Continue reading Pony AI raises $260m as US investor appetite for Chinese IPOs improvesThe robotaxi startup was valued at around $4.55b in the initial share sale.
Partior closes $80m Series B following Deutsche Bank investmentSingapore-headquartered blockchain payments network Partior has closed its Series B fun…
Singapore-headquartered blockchain payments network Partior has closed its Series B funding round at $80 million after roping in Deutsche Bank as an investor, according to an announcement on Wednesday. With Deutsche Bank’s investment, Partior will further bolster its global reach and scale its cross-border capability, as well as develop and enhance innovative functions like Intraday… Continue reading Partior closes $80m Series B following Deutsche Bank investmentSingapore-headquartered blockchain payments network Partior has closed its Series B fun…
India’s NTPC Green Energy rises on trading debut after $1.2b mega IPO NTPC Green’s IPO was oversubscribed by two times.
Shares of India’s NTPC Green Energy, the renewable energy arm of power producer NTPC surged 11.9% in trading debut on Wednesday as investors bet on the country’s growing clean energy needs. The stock last traded at 120.81 rupees as of 10:14 a.m. IST, compared to its offer price of 108 rupees, giving it a valuation of 1.02 trillion rupees… Continue reading India’s NTPC Green Energy rises on trading debut after $1.2b mega IPO NTPC Green’s IPO was oversubscribed by two times.
Chinese courier firm S.F. Holding’s shares open flat in Hong Kong trading debutThe company sold 170 million shares priced at HK$34.30 a piece.
China’s largest express delivery company S.F. Holding said on Tuesday it plans to raise up to HK$6.17 billion ($792.71 million) in a Hong Kong listing, the latest sign of a revival in the city’s capital markets. The Shenzhen-listed company will issue 170 million shares in a price range of HK$32.30 to HK$36.30 per share, according… Continue reading Chinese courier firm S.F. Holding’s shares open flat in Hong Kong trading debutThe company sold 170 million shares priced at HK$34.30 a piece.
SG digital receipts provider Pi-xcels raises $2.7m for global expansionPi-xcels seeks to expand in the US and strengthen its footprint in Europe, Japa…
Pi-xcels, a Singapore startup that provides digital receipt solutions for retailers, has announced raising $2.7 million in its latest funding round led by global venture capital firm Headline. The fresh funding will help the startup accelerate its global expansion, particularly in the US, and strengthen its footprint in Europe, Japan, and Southeast Asia, per the… Continue reading SG digital receipts provider Pi-xcels raises $2.7m for global expansionPi-xcels seeks to expand in the US and strengthen its footprint in Europe, Japa…
Fortress eyes Seven & i’s supermarket operationsSumitomo Corp is reportedly planning to take part in the first round of bidding.
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Temasek-backed OneCard raising $28.5m from investors to expand opsUS-based Better Tomorrow Ventures is understood to be joining its cap table as a new…
FPL Technologies, an India-headquartered startup that offers credit cards to customers through its fintech firm OneCard, is raising $28.5 million in a bridge round from a host of investors. According to media reports doing the rounds, US-based venture capital (VC) firm Better Tomorrow Ventures is understood to be joining its cap table as a new… Continue reading Temasek-backed OneCard raising $28.5m from investors to expand opsUS-based Better Tomorrow Ventures is understood to be joining its cap table as a new…
CICC sets up second FoF to pool billions for China’s tech growthThe new fund comes roughly eight years after CICC’s $5.5-billion CICC Qiyuan FOF.
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