The board of Australian accounting software provider MYOB has agreed to back a buyout offer from KKR that values the company at approximately A$2 billion ($1.43 billion).
MYOB has entered into a scheme of implementation arrangement that will see the private equity firm acquire all shares it doesn’t already own for A$3.40 apiece, according to a filing. The offer represents...
Xyb2b.com, a B2B platform that helps Chinese e-commerce companies source products from overseas, has completed an extended Series B round of funding worth $100 million.
Beijing Ubox Online Technology, a Chinese vending machine manager, has received RMB1.6 billion ($226 million) in funding from Ant Financial Services Group and Primavera Capital Group.
CITIC Capital has scaled up for its latest China fund, raising 75% more capital than in the previous vintage. The buyout-focused GP expects tighter liquidity to drive more corporate carve-outs
Tala, a US financial technology provider looking to expand its microlending operations in India, has raised a $110 million Series D round from a group including PayPal Ventures.