Mergers & Acquisitions
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Chinese accelerator ZDream Ventures acquires startups database provider Xeler8
Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.
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Chinese hotel management GreenTree Group to buy CVC-backed Da Niang Dumplings
Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.
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China Exim Bank fund buys Hungarian telecom firm Invitel for US$214 million
The China-CEE Fund, which focuses its investments in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of €202 million (about US$214…
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Singaporean online art gallery The Artling raises US$1.78 million series A from Edipresse Media
Singaporean The Artling aims to be the go-to online art gallery for Asia, as it raises a US$1.78 million Series A intended for marketing and talent acquisition. The online art platform also bought Artshare.com in…
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Online golf platform GolfLAN acquires Singapore-based competitor GolfGreedy in cash-and-stock deal
Golf inventory aggregator GolfLAN has made its second acquisition in six months, purchasing Singapore-based competitor GolfGreedy in a cash-and-stock deal.
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Indian Aurobindo Pharma acquires Portugal’s Generis for Rs 970 crore in a bid to boost margins in Europe
Aurobindo Pharma has inked the binding agreement, through its wholly-owned subsidiary Agile Pharma BV of Netherlands, to acquire Generis Farmaceutica SA from Magnum Capital Partners for a total consideration of 135 million euros.
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Australian media tech firm Isentia Group buys China Newswire to grow distribution business in Asia
Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.
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Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve VR Cinematic Experience
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).
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Singapore’s Carousell Acquires Online Car Classified Platform Caarly, Hires New CFO And GM
Singapore’s Carousell, a mobile peer-to-peer marketplace expands into the used-car dealership space as it acquires Caarly, a used-car app platform. Besides, the company also strengthens its team as it announces the new hires of Winnie…
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Online Stationary Portal Zoffio Is Sold To Shenzen-Based Firm
An e-store selling office supplies known as Zoffio has recently been acquired by a Shenzhen-based Chinese firm. The terms of the deal and the name of the buyer were not disclosed.
