Chinese conglomerate Fosun International has acquired a 20.45% stake in Beijing Sanyuan Foods, a dairy products producer, for RMB$2 billion ($325 million).
According to a regulatory filing, Fosun will subscribe 306 million ordinary shares at RMB6.53 apiece in a private placement offered by Sanyuan. It will invest via Shanghai Pingrun Investment Management...
Chinese private equity-backed online content platform Toutiao has acquired Faceu, a camera app that has received funding from IDG Capital and Lightspeed China Partners.
Singapore will support local start-ups through a S$100 million ($76 million) intellectual property (IP) commercialization fund, with Temasek Holdings set to provide at least half the capital.
Indian education technology start-up IMAX Program has received a $13.5 million funding round from a group of venture investors including the Michael & Susan Dell Foundation (MSDF).
Taiwan Liposome, a venture capital-backed manufacturer of pain medication and treatments for eye conditions, has filed for a NASDAQ IPO.