Advent sells coating resins maker Allnex to Thailand’s PTTGC for $4.75b
The deal values Allnex at 12.2 times its annual core earnings.
Juventas bags $62m and 23 more deal updates from Greater China
Juventas’s fresh funding was co-led by CICC Capital’s sub-fund and Oceanpine Capital.
Finch Capital-backed Nomu Pay acquires Wirecard units in Malaysia, HK
Nomu Pay is in the process of closing deals related to Wirecard entities in the PH, Thailand and Turkey.
China Digest: inspir.ai nets $46m; VirtAI Tech raises funds from Shunwei, GL
inspir.ai’s funding round saw participation from new investor Vision Knight Capital.
Asia Digest: VinFast forays into overseas market; Google to buy Japan’s pring
Google is set to acquire shares of the Tokyo-based fintech startup pring.
India’s Ola Electric raises $100m from Bank of Baroda ahead of e-scooter launch
This 10-year debt is towards the funding and financial closure of phase 1 of Ola Futurefactory.
Chinese edtech firm Kaikeba secures $93m in Series B1 round
Chinese investment bank Taihecap facilitated the transaction.
Temasek’s portfolio value likely rose to a record $278b amid global equities rally, IPOs
Temasek’s long-term outlook has been clouded by support to pandemic-hit businesses such as Singapore Airlines.