Private Equity
The investment includes $50m from IFC’s account and the rest from external investors.
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China's Huawei triumphs over US sanctions, returns to revenue peak
2
Shares of French video game maker Ubisoft jump after Tencent invests in new unit
3
KKR, JIC to take Japanese medical gear maker Topcon private for $2.31b
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India Digest: Abound bags $14m; Krafton buys Nautilus Mobile; Aramco may invest in BPCL, ONGC
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IFC proposes $75m investment to support digital lending of SeaMoney in Thailand
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Deals
Gulf Energy is valued at $17.25b, while Intouch has a market cap of $7.72b.
The projects include data centres from China, Singapore, and Thailand.
The Shenzhen-based firm will create 1,000 jobs in Thailand.
Analysis
Female-led startups secured 5.2% of total deal volume and just 2.1% of total capital raised in 2024.
Climate Tech & ESG
Vemanti also plans to buy the remaining 49% of XPLOR.
The fund targets $3b in total commitments.
The investment will be made over five years.
Actis-backed Levanta Renewables (Thailand) is buying the stake.
Fourteen funds secured a final close last year, compared with 32 in 2023.
