Temasek Holdings has invested $300 million in Li & Fung’s logistics operation after the Hong Kong-based multinational abandoned plans to spin-out the asset through an IPO.
Temasek will take a 21.7% stake in LF Logistics, valuing the business at approximately $1.4 billion. Li & Fung, which has interests spanning sourcing, distribution and retail, announced last year that...
Bertelsmann India Investments has earmarked USD 500m, provided by its eponymous German parent, for investment in local start-ups. The VC unit’s total deployment since its launch in 2013 is USD 285m.
UK-headquartered incubator Entrepreneur First (EF) has raised USD 158m, targeted in part at investment in Southeast Asian start-ups and expanding its reach in the region.
CDH Investments has agreed to sell New Zealand-based supplements manufacturer The Better Health Company (TBHC) to Nestlé Health Science for an undisclosed sum.
India and Southeast Asia-focused Panthera Growth Partners has reached a first close on its second fund with commitments amounting to more than half the overall target of USD 250m.