Vietnam-based Masan Group in talks to raise $1b for animal feed unit: Report
The company leadership feels the unit is “under-appreciated by the market.”
X-EPIC nets $62m and 26 more deal updates from Greater China
Matrix Partners China and Puluo Capital also invested in X-EPIC.
China’s Elpiscience Biopharma bags $105m in Series C round
The round was led by the state-backed Greater Bay Area Homeland Development Fund.
Danone to return $2b proceeds from China Mengniu divestment to shareholders
Danone has been under pressure from investment funds over shareholder returns.
Chinese spicy snack maker Weilong files for Hong Kong IPO
It has raised $551.7m from CPE, Hillhouse, Tencent, and Yunfeng Capital before it filed for the IPO.
Citi to hire 1000 wealth professionals in Hong Kong as it looks to grow AUM by $150b
Headcount target will include 550 new private bankers and relationship managers by 2025.
Indian realty firm Embassy Group joins proptech VC Pi Labs’ third fund as LP
The investment will form a gateway for Europe-based Pi Labs, and its portfolio firms, in Asia.
Savills IM launches $1.2b first pan-Asia income and growth fund
The fund will focus on core-plus investments in Asia Pacific’s developed markets and key gateway cities.