Australian insurance broker network AUB Group has agreed to buy a 49% stake in Coverforce Holdings from Pemba Capital Partners with a view to taking full ownership, but the company’s founder is seeking to block the transaction.
AUB said in a statement that it would work with Pemba to secure the interests of other shareholders, with the aggregate consideration expected to be in the A$150-200 million ($102-136 million) range. This...
Kotak Mahindra Group hopes his longstanding experience in financial services will serve as a differentiator as it looks for deals in India's increasingly popular distressed space
Conservative sovereign wealth investors are increasingly comfortable making direct commitments to venture-oriented technology companies. The strategy appears to suit them but remains to be validated
01VC has secured institutional LP support for its second fund, which closed at $100 million. The early-stage investor plans to deploy it across industrial and enterprise deals in China and Southeast Asia