KinderCare Learning Companies, a provider of early childhood education, set a target of up to $3.09 billion valuation on Monday for its long–sought U.S. initial public offering. The 55-year-old company, backed by Swiss private equity firm Partners Group, is moving towards a listing after previously pursuing it in 2021. KinderCare is aiming to raise up to $648 million by offering 24 million shares at a price range of $23 and $27 each.… Continue reading Partners Group-backed KinderCare seeks up to $3.1b valuation in long-sought US IPOKinderCare is aiming to raise up to $648m by offering 24m shares at …
Author: Deal Street Asia Online News
Bain launches tender offer to take private Japanese mobile retailer T-GaiaT-Gaia’s major shareholders are Sumitomo Corp and Hikari Tsushin.
Bain Capital on Monday launched a tender offer for Japanese cell phone retailer T-Gaia at 2,670 yen per share, a 26.5% discount to T-Gaia’s Friday close price. Bain Capital has agreed with T-Gaia’s major shareholders Sumitomo Corp and Hikari Tsushin to take the company private, T-Gaia said in a corporate disclosure. Bain will spend a… Continue reading Bain launches tender offer to take private Japanese mobile retailer T-GaiaT-Gaia’s major shareholders are Sumitomo Corp and Hikari Tsushin.
Chinese sensor maker Asair raises almost $100m in Series D roundThe firm is also backed by Addor Capital and Keywise Capital.
Asair, also known as Guangzhou Aosong Electronic, which engages in the production of micro-electromechanical systems (MEMS) sensors, has recently secured 700 million yuan ($99.8 million) in a Series D funding round. The round roped in two state capital-affiliated lead investors: Chongqing Industry Investment Fund of Funds (FoFs), a 200 billion yuan ($28.5 billion) fund that… Continue reading Chinese sensor maker Asair raises almost $100m in Series D roundThe firm is also backed by Addor Capital and Keywise Capital.
KKR-backed Malaysian telecom infra firm OMS Group to revive IPO planOMS shelved its Malaysian IPO last year as KKR invested $400m.
Malaysian telecom infrastructure and subsea cable services company OMS Group will revisit its plan for an initial public offering in the next few years and is not ruling out a listing on the domestic stock exchange, its top executive said. OMS shelved its Malaysian IPO plan last year as KKR invested $400 million in the company as part… Continue reading KKR-backed Malaysian telecom infra firm OMS Group to revive IPO planOMS shelved its Malaysian IPO last year as KKR invested $400m.
South Korea’s SK Inc picks Hahn & Co as preferred bidder for SK SpecialtyHahn & Co will buy SK Specialty for $3.29b, The Seoul Economic Daily reported…
South Korea’s SK Inc said on Monday that it has picked private equity group Hahn & Company as the preferred bidder to buy its unit SK Specialty which produces gases used to make semiconductors. SK said it plans to sign a deal with Hahn & Company after negotiating contract terms in a regulatory filing addressing a report on the planned… Continue reading South Korea’s SK Inc picks Hahn & Co as preferred bidder for SK SpecialtyHahn & Co will buy SK Specialty for $3.29b, The Seoul Economic Daily reported…
Chinese state-owned enterprise to buy Innovalues for $235m from NorthstarNorthstar took Innovalues private from the SGX in a $238.6m transaction compl…
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Apple pulls out of talks to join OpenAI’s investment round: WSJThe funding round is expected to raise about $6.5b.
Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the Wall Street Journal said on Friday. The tech giant recently fell out of the talks for the round, set to close next week, the newspaper said, citing a person familiar with the matter. Other firms, such as Microsoft and… Continue reading Apple pulls out of talks to join OpenAI’s investment round: WSJThe funding round is expected to raise about $6.5b.
SG-based climate Investor Sif.vc targets $40m for debut fundThe company secured a licence from the Monetary Authority of Singapore in June 2024.
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Women still constitute less than 20% of SE Asia’s VC decision-makersSE Asia’s performance is on par with US, where about 18% of VC decision-makers are…
About 17.9% of investment decision-makers at Southeast Asia-headquartered venture investors are women, finds the latest report from DealStreetAsia – DATA VANTAGE. According to the 2024 edition of the Women in Southeast Asia’s VC Ecosystem report, the proportion of female investment decision-makers has remained relatively stagnant since 2023 (17.4%). The report examined over 330 active venture investors—venture… Continue reading Women still constitute less than 20% of SE Asia’s VC decision-makersSE Asia’s performance is on par with US, where about 18% of VC decision-makers are…
Chinese courier delivery firm BingEx eyes US IPO at $1.2b valuationThe company is looking to raise up to $68m at the top of its targeted range.
Chinese courier delivery firm BingEx is aiming for a valuation of $1.21 billion in its US listing, banking on recovering investor appetite for new stocks and easing of regulatory roadblocks. The company, which brands its services as FlashEx, is looking to sell 4 million American depositary shares (ADS) in the initial public offering, priced between… Continue reading Chinese courier delivery firm BingEx eyes US IPO at $1.2b valuationThe company is looking to raise up to $68m at the top of its targeted range.