Greater China
Following the move, Uber would hold around 2.98% of the Delivery Hero’s new share capital.
India: Early-stage accelerator 9Unicorns rebrands, launches second fund
ChrysCapital investing up to $100m in Indian eye care chain Centre for Sight
Sea Ltd dives into losses in Q1 2024 despite strong revenue growth
Delivery Hero in $1.25b deal with Uber for foodpanda Taiwan sale, investment
KKR to take UK's IQGeo private in $396m deal to tap geospatial software market
More Stories
CVC Capital buys 10.4% stake in Indonesia’s Siloam International Hospitals for $240m
India: Multiples PE joins race to invest in furniture hardware firm Ebco
SE Asia Deal Review: Startup funding nosedives to record low of $227m in April
Haidilao hotpot restaurant operator Super Hi targets $1.38b valuation in US IPO
Geologist Bidco Limited, wholly owned by funds advised by KKR, will pay 480 pence in cash for each IQGeo share.
India
Biorad Medisys manufactures and sells orthopaedic implants for knees and hips and surgical and consumables.
The investment will be in the form of a senior unsecured debt investment to support lending to women borrowers.
Blackstone and its partners are said to be eyeing 74-76% of the company, valuing it at $8-8.5b.
Rest of Asia
The bond proceeds will be used to expand Khan Bank’s social financing portfolio.
Indonesia
Atlan has received funding from Singapore wealth fund GIC, Meritech Capital, Peak XV Partners and others.
If negotiations fructify, Multiples will pick up a majority stake in the company.
The investment is expected to be used for constructing waste-to-energy projects.
The new funding is reportedly part of a larger financing round.