Deals – May 20, 2020
Covid-19 deal-making sees transactions for cloud services, food delivery, a streaming platform and logistics companies.
Covid-19 deal-making sees transactions for cloud services, food delivery, a streaming platform and logistics companies.
Baidu raises US$1bn, funding for IHH telehealth startup, IHS Markit buys Singapore’s Catena, Kingsoft Cloud closes Nasdaq IPO, Silver Lake buys Jio Platforms.
Xiaomi and Kingsoft raise capital, KKR buys Indian solar assets, AirTrunk refinances and ASI buys Singapore conservation shop houses.
Indonesia’s biggest-ever dollar bond, Akeso IPO, Reliance Jio Infocomm scheme of arrangement, acquisition of Singapore’s Galaxis business park.
AMTD lists Singapore’s first dual-class shares, Prudential Financial sells Korea life insurance unit to KB Financial, SingAir raises US$6.1bn, India’s TVS Motor buys iconic Norton motorcycle brand.
US retail property Reit lists in Singapore, Baidu sells bonds, Elec & Eltek privatisation, Vedanta buys Ferro Alloys through insolvency resolution process.
CVC’s latest Asia fund reaches US$4.5bn, world’s biggest crypto exchange Binance acquires CoinMarketCap, Banyan Tree raises S$700m, VCREDIT issues new shares, debt-ridden Orchid Pharma revived.
Udenna finances acquisition of Malampaya gas field, InnoCare IPO features Hong Kong’s first virtual listing ceremony, Cochin Shipyards buys Tebma Shipyard through insolvency resolution process.
Tesco looks to sell Thai operation, US Reit IPOs in Singapore, China Cinda raises US$2bn, State Bank of India IPOs credit card company.
Covid-19 impact alleviation bond, sale of Chinatown shophouses in Singapore, Viva Biotech convertible offering, RattanIndia Power debt settlement, AVIC International privatisation.