Brookfield Asset Management has submitted a A$4.35 billion ($3.3 billion) bid for Australian hospital operator Healthscope, trumping an offer made last month by a BGH Capital-led consortium.
Brookfield is willing to buy all outstanding shares in the company for A$2.50 apiece, which represents a 23% premium to the closing price on April 24, the last trading day prior to BGH expressing its interest,...
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Singapore’s Golden Equator has launched an accelerator in Brunei aimed at helping local small to medium-sized enterprises (SME) expand across Southeast Asia.
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.