DCP Capital-backed consortium to take China’s 51job private in $5.7b deal
The consortium, which made the offer in May, includes Ocean Link Partners and 51job’s co-founder Rick Yan.
GLP expands size of European development fund to $4.7b
The fund was originally launched in 2018 as a €2-billion investment vehicle.
China’s AgBank falls in step with cryptocurrency crackdown
AgBank is the first major state bank to make a public statement against cryptocurrencies.
India: Edtech giant Byju’s snags $49m funding from IIFL, Maitri EdTech
IIFL through IIFL Special Opportunities Fund and IIFL Monopolistic Intermediaries Fund has led the fundraise.
Former CPPIB chief Mark Machin joins Singapore VC Serendipity Capital
Machin had spent the last nine years at CPPIB, of which the last five were as president and CEO.
Abu Dhabi’s Mubadala to offer up to 40% of satellite firm Yahsat in IPO
A listing is likely in the third quarter on the Abu Dhabi bourse.
B Capital-backed Bizongo names Asian Paints veteran Manish Choksi to advisory board
Bizongo aims to ramp up its efforts across digital vendor management, and supply chain financing.
Banks pledge loans worth $173.8m to help Vietnam Airlines avoid bankruptcy
The airline reported a net loss of 4.97 trillion dong in the first quarter of this year.