Indonesian President Jokowi’s son buys soccer team in hometown Solo
Kaesang bought a 40% stake in PT Persis Solo Saestu.
Tata Group eyes stake sales in financial services units
Group seeks to unlock value, raise cash to fund new biz such as e-tail.
GIC-backed Greenko Energy raises $940m through latest bond issue
Greenko has India’s largest operational clean energy portfolio.
Indonesia’s MNC to merge streaming business Vision+ parent with Malacca SPAC
The transaction values the combined entity at $573 million.
Japan Asia Group to dilute stake held by Murakami-backed fund with new share issue
City Index Eleventh flagged a second bid to buy the energy and environmental services firm.
JD.com to invest $800m for 51% stake in on-demand delivery platform Dada Group
The investment comes at a time when JD.com is spinning off its logistics business.
Indian payments startup MobiKwik targets IPO by September, looks to raise up to $250m
The company plans to hold a pre-IPO funding round that could give the startup a valuation of $700m.
China Digest: Innoforce nets $96m Series A; Winicssec bags $46m Series D
Innoforce's Series A round was led by Yanchuang Capital and South China Venture Capital.
Reckitt Benckiser considers over $2b sale of Mead Johnson Greater China
The group has hired Morgan Stanley to conduct a strategic review of the unit in Greater China.
ByteDance acquires gaming studio Moonton at around $4b valuation
Moonton, founded by an ex-Tencent employee, is most famous in SE Asia for its game Mobile Legends.