Capital raising advisor Eastbound Equity has launched its operation in Singapore to match private fund managers and businesses with investors by connecting the East and the West. “We noticed that not all Asian investors, whether family offices, corporates, or sovereign wealth funds have good access to top-tier funds and companies outside of the region. This… Continue reading Placement agent Eastbound Equity launches in SingaporeIt will deploy over $50m across funds and tech businesses on behalf of its network.
Author: Deal Street Asia Online News
Investors in Indian IPOs dump half their shares within a week of listing: SebiBanks sold 79.8% of shares within a week of listing, the markets regulat…
India’s markets regulator said on Monday that investors in public issues sold 54% of shares within a week of listing. Between April 2021 and December 2023, investors showed a greater propensity to exit from the initial public offers that exhibited positive listing gains than those that listed at a loss, the study by the Securities and Exchange Board… Continue reading Investors in Indian IPOs dump half their shares within a week of listing: SebiBanks sold 79.8% of shares within a week of listing, the markets regulat…
Blackstone, CPPIB near $13.5b deal to buy Aussie data centre group AirTrunk: reportAirTrunk is owned by Macquarie Group and Canada’s Public Sector Pen…
A consortium led by Blackstone is nearing a deal to acquire Australian data centre group AirTrunk for A$20 billion ($13.53 billion) including debt, a person with knowledge of the situation said on Monday. Blackstone and its partner, the Canada Pension Plan Investment Board (CPPIB), emerged as the preferred buyer for AirTrunk, after outbidding a rival investor group, the… Continue reading Blackstone, CPPIB near $13.5b deal to buy Aussie data centre group AirTrunk: reportAirTrunk is owned by Macquarie Group and Canada’s Public Sector Pen…
India Digest: Nutrabay raises $5m; Vikran Engineering raises pre-IPO round Nutrabay’s funding was led by RPSG Capital Ventures.
Nutrabay, a D2C retailer of sports nutrition & wellness products, has raised $5 million led by RPSG Capital Ventures. Separately, Vikran Engineering & Exim Pvt has closed a pre-IPO funding round of Rs 100 crore ($11.91 million). Nutrabay raises $5m led by RPSG Capital Ventures Nutrabay, a D2C retailer of sports nutrition & wellness products,… Continue reading India Digest: Nutrabay raises $5m; Vikran Engineering raises pre-IPO round Nutrabay’s funding was led by RPSG Capital Ventures.
Japan-, US-focused Sozo Ventures in the market to raise $500m for latest VC fundThe firm’s portfolio includes X, Zoom, Coinbase, Palantir, Grammarly, …
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US fund Artisan Partners urges Seven & i for takeover bid update by Sept 19Artisan recommended that Seven & i seriously consider ACT’s offer.
US fund Artisan Partners Asset Management ramped up pressure on Japan’s Seven&i holdings, calling on the board to provide an update on a takeover bid from Canada’s Alimentation Couche-Tard (ACT) by Sept. 19. In a letter dated Friday and sent to journalists, Artisan portfolio managers N David Samra and Benjamin L Herrick recommended that Seven & i,… Continue reading US fund Artisan Partners urges Seven & i for takeover bid update by Sept 19Artisan recommended that Seven & i seriously consider ACT’s offer.
India’s Zepto raises $340m in fresh round led by General CatalystThe new round values the three-year-old company at $5 billion.
Indian grocery startup Zepto said on Thursday it has raised $340 million in a fresh round, just two months after its last fundraise. In the latest round led by General Catalyst, the three-year-old company was valued at $5 billion, a sharp rise from $3.6 billion in June. Zepto, which raised more than $1 billion in… Continue reading India’s Zepto raises $340m in fresh round led by General CatalystThe new round values the three-year-old company at $5 billion.
Indonesian fleet tracking startup TransTRACK raises $12m, eyes SE Asia expansionThe round was co-led by Eurazeo and Cocoon Capital.
TransTRACK, an Indonesian fleet tracking startup, has announced raising $12 million in a Series A funding round co-anchored by global investment firm Eurazeo and Singapore-based early-stage venture investor Cocoon Capital. The fresh funds come as the company, which focuses on digitalising fleets and supply chain integration solutions, eyes expanding across Southeast Asia, particularly in Indonesia,… Continue reading Indonesian fleet tracking startup TransTRACK raises $12m, eyes SE Asia expansionThe round was co-led by Eurazeo and Cocoon Capital.
Malaysian mini-market chain 99 Speed Mart’s IPO oversubscribed99 Speed Mart’s IPO is the country’s biggest listing in seven years.
The retail offering for the initial public offering (IPO) of Malaysia’s top mini-market chain 99 Speed Mart Retail Holdings has been oversubscribed by 3.04 times, the issue’s manager said on Thursday. The company is offering up to 2.36 billion ringgit ($546.04 million) worth of shares, out of 346.5 million ringgit was earmarked for retail investors, all priced at 1.65… Continue reading Malaysian mini-market chain 99 Speed Mart’s IPO oversubscribed99 Speed Mart’s IPO is the country’s biggest listing in seven years.
Delivery Hero gears up for IPO of Talabat unit in Dubai in Q4The parent plans to sell existing shares in Talabat while retaining a majority stake.
Delivery Hero is preparing an initial public offering (IPO) of its Emirati subsidiary Talabat on the Dubai stock exchange in the fourth quarter of this year, the German food delivery company said on Thursday. Under the planned listing on the Dubai Financial Market, the parent would sell existing shares in Talabat while retaining a majority stake, it added. Delivery Hero‘s shares opened 7% higher, but pared gains… Continue reading Delivery Hero gears up for IPO of Talabat unit in Dubai in Q4The parent plans to sell existing shares in Talabat while retaining a majority stake.