Baring Vostok leads $10m Series B in European cloud platform Voximplant
The fresh funding will support the Voximplant’s international expansion.
Thai coal major Banpu buys US shale gas assets for $770m
The acquisition is in line with Banpu's strategy of expanding the company's footprint in U.S. shale gas.
Singapore’s PropertyGuru CEO vows a comeback after IPO flop
PropertyGuru could make another attempt to go public as soon as next year if market conditions are conducive.
Singapore’s Puma Energy to sell fuels unit to Chevron Australia for $288m
Puma Energy was among Trafigura's loss-making businesses, with a net loss of $500 million for the year to Sept. 30.
Investment opportunities abound in Vietnam, says Warburg’s Perlman
On the other hand, Indonesia is likely to be quieter in terms of investments in the coming year.
Southern Capital said to seek exit from Singapore’s Star Learners
Southern Capital holds a majority stake in the education service provider, in which it invested a few years ago.
Hitachi to sell chemical unit, medical equipment business for $6b
Hitachi has been among the most aggressive of Japan’s conglomerates in reorganizing its business, selling non-core assets.
India: Value of M&As halves to $37b in 2019 with fewer mega deals
This year saw just 11 deals valued at over $1 billion each against 25 in 2018.
Despite IPO flameouts, 2019 sets record for US unicorn births
So far this year 66 VC-backed unicorns were minted in the US versus 58 in 2018, according to CB Insights.
Taiwan’s China Life Insurance commits $50m to StepStone, Insight Partners
China Life has committed $30 million to Insight Partners XI LP and another $20 million to StepStone Secondary Opportunities Fund IV.