Australian mortgage lender and distressed debt servicer Pepper Group has accepted a buyout bid from KKR Credit Advisors (KCA).
According to a filing KCA will pay A$3.60 per share for Pepper, valuing the company at A$676 million ($532 million). The price represents a premium to the previous day’s closing price of A$3.46. Pepper’s...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.