Baring Private Equity Asia has teamed up with Europe-focused PAI Partners to acquire World Freight Company International (WFCI), which markets and manages cargo freight capacity for airlines.
The size of the transaction was not disclosed, but it was previously reported that the bank running the sale process was targeting a valuation of about EUR600 million ($711 million). WFCI has been controlled...
Rob Kaplan is CEO of Singapore’s Circulate Capital, which is dedicated to reducing oceanic plastic pollution. Its $150 million debut fund is backed by the likes of Coca-Cola, PepsiCo, and Unilever
Australia’s Blackbird Ventures has raised A$500 million ($357 million) for its fourth fund and named Atlassian co-founder Mike Cannon-Brookes as chairman.
Yaoyanshe, a Chinese contract research organization (CRO) for novel drugs, has raised RMB600 million ($86 million) across two rounds in the past eight months.
MyGlamm, an online Indian cosmetics brand, has agreed to acquire POPxo, a women-focused content platform, for an undisclosed sum. Both companies have several VC backers.