Malaysia’s CTOS said to eye $292m IPO in third quarter
Creador, the firm’s largest shareholder, will sell half of its 80% stake through the exercise.
India’s Flipkart said in early talks to raise $1b ahead of IPO
Flipkart raised $1.2 billion in fresh funding last year, with Walmart as its lead investor.
Carlyle-backed Chinese logistics firm ANE files for Hong Kong IPO
Key shareholders include Centurium Capital (27.81% stake), CDH Investments (10.39%) and CPE (6.87%).
Sequoia-backed autonomous truck startup Plus to go public through $3.3b SPAC merger
Plus is on track to start mass production of autonomous trucks in 2021.
Australia’s Boral recommends shareholders reject Seven Group bid
Seven Group has been increasing its stake in Boral over the past 14 months.
PH’s first neobank Tonik raises $17m in pre-Series B funding
The round comes on the heels of Tonik’s public launch in March 2021.
[Updated] S Korea’s Kakao buys fiction platform Radish, comic app Tapas for $950m
Radish had raised $63.2m in a Series A round led by Softbank Ventures Asia and Kakao Page in August last year.
India: Blackstone buys Embassy’s warehousing assets for $700m from Warburg Pincus
Warburg and Embassy Group had earlier signed a $250m deal to build warehousing spaces in India.