Pacific Equity Partners (PEP) has exited Allied Pinnacle, an Australia-based roll-up of multiple bakery supply investments, to Japanese strategic Nisshin Foods.
According to a filing, Nisshin will pay A$574 million ($410 million) plus net debt at the time of completing the transaction. The Australian Financial Review said the all-cash deal was worth A$950 million...
Abu Dhabi sovereign wealth fund Mubadala has agreed to invest INR90.9 billion ($1.2 billion) in Jio Platforms, the holding company for various internet and telecom assets owned by Indian oil-to-retail conglomerate Reliance Industries.
Bessemer Venture Partners has led an INR1.5 billion ($20 million) Series B round for teleconsultation health platform DocsApp.
Everest Medicines, a China-based biopharmaceutical company, has raised $310 million in Series C funding across two tranches.
Bespin Global, a Seoul and Beijing-based cloud management services provider, has raised RMB530 million ($74.6 million) in a Series C round from SK Telecom and existing investor DY Holdings.