Gillian Tan
Stories by Gillian Tan
Blackstone in talks to buy minority stake in India’s Sify Technologies
The communications infrastructure firm has sought a valuation of around $1-1.2 billion in a transaction.
Singapore’s Tiga Investments seeks to raise $500m for two new SPACs in the US
Tiga Acquisition Corp. II is targeting $200m, while Tiga Acquisition Corp. III plans to raise $300m.
Indonesia’s MNC Vision in talks to merge streaming business with Malacca SPAC
Malacca Straits SPAC counts pan-Asia special situations investor Argyle Street Management as its co-sponsor.
Data centre operator Global Switch’s Chinese owners explore $11b sale
UK-based Global Switch is controlled by steelmaker Jiangsu Shagang and backed by Avic Trust Co.
SoftBank’s $100b Vision Fund loses COO, four partners
Vision Fund employees have described the company culture as one that rewards aggression.
Social Capital looks to raise $2b for three new blank-cheque companies
Social Capital is ramping up SPAC offerings amid a surge in their popularity.
Platinum Equity in talks to buy HNA’s Ingram for $7b
HNA acquired Ingram Micro in 2016 in an all-cash deal worth about $6 billion.
AmEx in advanced talks to buy SoftBank-backed Kabbage
A deal would make AmEx a bigger lender to mom and pop shops.
WeWork asks judge to dismiss lawsuit against SoftBank by two directors
Two independent board members said a special committee “does not and should not have the authority” to pursue litigation in We Co's name.
Uber said to have held talks to raise $500m for freight unit
The funding could give Uber Freight a standalone post-money valuation of about $4 billion.
