A new fundraising frenzy that swept Wall Street this year looks set to take hold in Asia with more than a dozen special purpose acquisition companies, or SPACs, on the hunt for fast-growing technology firms that are ready to go public. SPACs are exchange-listed shell...
Italian healthcare company Angelini said on Monday it would buy Swiss-based private equity-backed Arvelle Therapeutics in an all-cash transaction valuing the biopharmaceutical company up to $960 million. The deal is the biggest acquisition ever for the 100-year old...
Sunpower Group is divesting its manufacturing and services (M&S) business for 2.3 billion yuan (S$463.3 million), after which 1.3 billion yuan of the net proceeds will be used for a proposed special dividend amounting to 1.1627 yuan per share on a fully-diluted...
Chinese regulators are reviewing equity investments by Ant Group in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. The regulators are considering whether to...
Private equity firm Apax Partners has inked an agreement to acquire the software products business of 3i Infotech Ltd for $136 million, sealing its first India deal in almost two years. The deal will help 3i Infotech repay all its debt, strengthen its balance sheet... 