Japanese private equity firm Aspirant Group has led the 100% acquisition of a copper tubing subsidiary of diversified industrial manufacturer UACJ Corporation for about JPY24 billion ($223 million).
The carve-out has been secured by an entity known as Toyokawa Holdings, which is controlled 75% by Aspirant and 25% by Daiwa PI Partners, another local private equity firm. Aspirant is investing via its...
Abu Dhabi Investment Authority (ADIA) has agreed to invest INR 6.6bn (USD 83.5m) in India’s Aditya Birla Health Insurance (ADBHI) for a 10% stake.
Bain Capital has won board approval from Net Marketing, a Tokyo-listed online advertising and media management business, for a take-private that values the company at approximately JPY 13.6bn (USD 102m).
Insilico Medicine, a China-based artificial intelligence-driven drug discovery company, has closed the second tranche of its Series D round on USD 35m, with Prosperity7 Ventures taking the lead.
Singapore’s Merkle Science, a predictive crypto analytics platform, has raised USD 24m in Series A funding led by K3 Ventures, Darrow Holdings, and Beco Capital.