SoftBank-backed realty tech firm Compass raises $450m in downsized IPO
Compass set a price range of $18-$19 per share, downsized from its prior target at $23 to $26.
India: Macrotech Developers to launch IPO on 7 April
This is the company’s third attempt to go public.
Chile regulator okays $3b Chinese takeover of Naturgy unit
Spain’s Naturgy had agreed to sell 96% of Chilean unit CGE to China’s State Grid for $3 billion.
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.
Jack Ma’s Yunfeng Capital in the market to raise new PE fund
The fundraising comes nearly three years after the firm closed Fund III at $2.5 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.