XIO Group, a PE firm founded by several Asia-based investment professionals with a view to buying companies in North America and Europe and helping them tap emerging market opportunities, has agreed to acquire Israeli investment firm Meitav Dash for ILS1.48 billion ($387 million).
This is XIO's fourth disclosed investment and second in Israel, following the $510 million privatization of NASDAQ-listed medical device manufacturer Lumenis, which was completed in October 2015. The...
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
Gojek and Tokopedia, two of Indonesia’s best-funded technology start-ups, have completed a merger, forming what they claim is the largest mobile on-demand services and payments platform in Southeast Asia.
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
Japanese microsatellite developer Axelspace has raised JPY2.6 billion ($24 million) in Series C funding from a group of domestic VCs, including Sparx Group.