Deliveroo shares dive 30% as London debut of the decade turns sour
The highly-anticipated listing had been earlier hailed as a “true British tech success story”.
China okays long-planned merger of Sinochem and ChemChina
The complex merger would create the world’s biggest industrial chemicals firm.
India: FirstCry snags $315m from TPG, ChrysCapital and Premji Invest
The deal has reportedly valued SoftBank-backed FirstCry at around $1.9-2.1 billion.
Indonesian telemedicine firm Halodoc shuts down one business unit amid COVID
The business unit has been shut down at a time Halodoc is looking to raise funding.
Rotimatic rolls out comeback plan with focus on financial sustainability
Rotimatic parent Zimplistic was sold to an SPV in a distress sale in October last year.
BlackRock to close private fund in China after just three years
BlackRock wants to focus on mutual funds instead.
Catcha Group files for second SPAC, aims to raise $250m in NYSE
The SPAC will target businesses in technology, digital media, fintech or digital services across the APAC.
Global M&A sets first-quarter record as dealmakers shape post-pandemic world
M&A activity in the Asia Pacific region, excluding central Asia, was up 44.9% at $206.5 billion.