By Shiwen Yap
Tat Hong is set to delist from the SGX while CWG International has subscribed to a promissory note to finance acquisitions.
Ruia brothers have already floated an SPV that will be managed by the team comprising a former senior public sector banker and a former Steel Authority of India (SAIL) head.
Blackstone is acquiring L&T Realty’s assets directly and not through existing joint ventures.
GPIF awarded the global infrastructure core strategy mandate to StepStone after launching an RFP in 2017.
Smart gym operator Liking Fit has raised $54 million while biopharma firm Zelgen has raised a $62 million Series B.
Innovent is planning an IPO this year that could raise more than $200 million and has been weighing the U.S. as a listing venue.
Dempsey Hill Asia Fund has transferred a million shares in Mobile World Investment JSC (MWG) to four foreign funds.
A successful sale of Air India — with $7.9 billion in debt, five subsidiaries and a joint venture, and a combined workforce of 27,000 — is crucial for Modi.
JD has invited a select group of investors to join the funding round that values its logistics business at around $10b.
Northgate develops software and services for the public sector and employs 1,400 engineers in the UK and India.