Asia Digest: BPEA EQT exits $1b deal with PI Advanced Materials; Bespin Global bags $60m from e& Enterprise

Asia Digest: BPEA EQT exits $1b deal with PI Advanced Materials; Bespin Global bags $60m from e& Enterprise

Seoul, South Korea. Photo by Sunyu Kim on Unsplash

Asian private equity firm BPEA EQT has dropped its $1-billion acquisition of South Korean plastic film producer PI Advanced Materials, while South Korean cloud management firm Bespin Global has secured $60 million from the UAE-based IT services firm e& Enterprise.