Mukesh Ambani’s RIL boosts hotel assets with acquisition of UK’s Stoke Park
The UK firm owns a hotel and golf course.
Blackstone makes $3.1b first close for second Asia PE fund
The PE major is also set to launch its third real estate fund in Asia.
PAG said to plan $10b merger, offshore IPO of Chinese gas assets
It would mark the biggest exit so far for PAG.
Australia’s AMP ends asset sale talks with Ares, opts for spin-off instead
AMP has been in protracted talks with Ares to sell its asset management arm’s private markets business.
AirAsia Group expects clarity on fundraising in 2-3 months
AirAsia has been looking to raise up to 2.5 billion ringgit to weather the pandemic.
Qiming US in the market to raise $300m for third healthcare fund
Qiming US Healthcare Fund I held the final close at $120 million in April 2018.
India: PowerGrid InvIT IPO may open next week
This will be the first time a state-owned entity is monetizing its infrastructure assets through the InvIT route.
India: Instamojo acquihires entertainment firm Showman
The acquisition will help Instamojo strengthen its product and research team.