Alibaba Group and the International Finance Corporation (IFC) have led a Series B+ round of funding for Hong Kong financial technology provider WeLab.
The investment, along with a debt financing component, totals $220 million and brings the company’s total funding to date to $425 million. Alibaba invested via its Hong Kong Entrepreneurs Fund, which...
Apax Partners has sold its remaining 48% interest in GlobalLogic, an IT outsourcing company founded by several Indian entrepreneurs, to Partners Group. The deal values the business at more than $2 billion.
Bain Capital Private Equity has made a A$810 million ($613 million) buyout offer for BWX, an Australian manufacturer of branded skin and hair care products.
Kedaara Capital and Partners Group have agreed to acquire Indian retailer Vishal Mega Mart for an undisclosed sum from TPG Capital.
Navis Capital Partners has invested an undisclosed amount in Saitex Holdings, a denim products manufacturer for the global jeans industry based in Vietnam.