China’s Didi Chuxing picks Goldman, Morgan Stanley for mega US IPO
Didi, backed by SoftBank, Alibaba and Tencent, is looking to list as soon as July.
Japan beermaker Asahi looks to halve debt after buying Australia assets
The brewer aims to reduce its debt to EBITDA to three times from six in end-December.
Asia Digest: Australia’s Finder buys GoBear brand; SG’s Sunseap ties up with Facebook
Australian fintech firm Finder has acquired Singapore’s GoBear brand as it carves out its global expansion plans.
China set to clear Tencent’s $3.5b deal to take search engine Sogou private
The regulator has no objection to the deal if Tencent is willing to ensure data security.
Sequoia, Warburg co-lead funding in Genki Forest and 13 more deal updates from Greater China
DealStreetAsia has also put together a table of major VC deals in Greater China from April 8-9, 2021.
Korea’s Krafton, maker of PUBG video game, seeks preliminary nod for IPO
Over-the-counter trades on Thursday valued Krafton at $17.92 billion.
SG Digest: Carousell launches auto unit; Grab’s $275m fund for partners
The auto business is now Carousell’s largest vertical, contributing a third of the Group’s revenue.
HK-based buyout firm Baring to invest $100m in Chinese drug maker Hutchmed
Hutchmed’s major shareholders include Capital Group, Prudential, and General Atlantic.