Private Equity
CVC has invested in Hempel through its Strategic Opportunities platform.
Indonesia's OJK revokes TaniFund's P2P lending licence
India's Hindalco considering seeking $1.2b in IPO of its US unit Novelis
Shell to sell Singapore refinery, petchem assets to Indonesia's Chandra Asri and Glencore
SG data platform Atlan secures $105m Series C funding led by GIC, Meritech Capital
SEA Digest: VinFast to enter PH; Thai Syn Pitarn nabs funds; Earth VC backs HyLight
More Stories
CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Malaysia-based PE firm Navis likely to lead funding in CarDekho’s SE Asian entity
Japan’s Reazon Capital eyes 8 SE Asia investments this year
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Indonesian startups Tjufoo, Sinbad announce merger, creation of new holding entity
IPOs & Markets
SMASCO plans to offer 120 million shares representing a 30% stake.
Analysis
The law gives ByteDance until Jan 19 to sell TikTok or face a ban.
Earlier this year, SoftBank sold its entire stake in BigCommerce, having first invested in the company in 2014.
Venture Capital
B Capital is in the market to raise up to $500m for its new early-stage vehicle.
OPTIX has closed an oversubscribed pre-Series A round led by Primavera Venture Partners.
UK-based firm has raised more than $2b so far from global investors.
The company has had talks with at least one firm in recent months as it considers going private.
People
Kaplan will give strategic advice to the Wall Street giant’s clients globally.
Deals
The upsized senior secured credit facilities will help support the growth of Acclime.