Enterprise
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Temasek acquires minority stake in India’s hospital chain Manipal Health
Temasek Holdings is set to acquire an 18 percent stake in Manipal Health Enterprises Pvt Ltd. from True North for Rs 1400 crore (about US$215 million).
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Shares of Vedanta, Cairn India surge by 5% after NCLT approves merger
NCLT, Mumbai bench has approved the scheme of arrangement between Vedanta Limited and Cairn India Limited .
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Saudi Aramco to launch US$2 billion bond sale ahead of IPO
Oil giant Saudi Aramco is set to debut a Sukuk sale of US$2 billion ahead of IPO. The Sukuk, or Islamic bond will represent a riyal-denominated bond sale, structured in a way to generate returns…
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Bangkok Bank announces International Fintech Accelerator in collaboration with Nest
Thailand’s largest commercial bank is on the hunt for startups with fresh ideas through the launch of a new accelerator programme in collaboration with early-stage VC Nest. Known as InnoHub FinTech Accelerator, the fintech accelerator…
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Life.SREDA, MDEC in strategic partnership to launch US$20 million joint fintech fund
Life.SREDA, a Singapore-based venture capital (VC) firm with Russian origins, made an announcement that it has entered into a strategic partnership with Malaysia Digital Economy Corporation (MDEC) to launch a joint fintech investment fund. The…
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Sequoia China, CMC Holdings to establish sports investment fund
Sequoia Capital China and China Media Capital (CMC) have jointly established a sports investment fund to back and consolidate global premium sports assets. The two VC firms said today, that the fund has completed its…
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Carlyle to launch new fund backed by IFC, targeting US$1 billion commitment to invest in India and China
The Carlyle Group, a US-based private equity firm is raising US$1 billion under its Asian growth fund to further expand its investment portfolio in China and India. Participating in the growth fund as one of…
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Malaysian stock photo startup 123RF acquires TheHungryJPEG with plans to go IPO
Malaysian stock photo startup 123RF acquires TheHungry.JPEG to expand its design resources globally, paving the way for an Australian listing.
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Baidu said to make US$100 million investment in Chinese electric car startup NextEV
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
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IFM Investors to acquire minority stakes in Australian fashion handbag and accessories retailer Colette by Colette Hayman
IFM’s private equity arm has acquired a significant minority stake in Collete by Collette Hayman, an Australian retailer of handbags and fashion accessories.
