KKR will sell Kokusai Electric – a semiconductor-focused thin film manufacturing business acquired from Hitachi approximately 18 months ago – to US-listed Applied Materials for $2.2 billion in cash.
Applied, which supplies equipment and software used to produce semiconductor chips that feature in a range of electronics devices, said that Kokusai Electric would become a unit of its semiconductor products...
Technology disruption and short-term policy changes are the two key challenges facing investors in the energy sector, industry participants told the AVCJ Forum.
Singapore-based Keppel Corporation has agreed to buy a 50% interest in Pierfront Capital, an alternative credit investment fund manager controlled by Temasek Holdings.
Pavilion Capital and Gobi Partners had co-led an $18 million Series B round for Indonesia’s Travelio, an Airbnb-style home rentals start-up.
OneConnect Financial Technology, an affiliate of China’s Ping An Insurance backed by the likes of IDG Capital, SBI Group, and SoftBank Vision Fund, has filed to list in the US.