The Burger King New Zealand franchise, which was acquired by The Blackstone Group for NZ$108 million ($86 million) in 2011, has been placed into receivership.
Corporate filings indicate that KordaMentha has been appointed as receiver for three entities – Antares New Zealand Holdings, Tango New Zealand, and Tango Finance – that are said to be the shareholding...
India’s Innoven Capital, a joint venture between UOB and Temasek Holdings-owned Seviora Holdings, has fractionalised a USD 50m venture debt fund using blockchain and smart contracts.
OneVentures and UniQuest have led a AUD 34m (USD 23m) funding round for Vaxxas, an Australia-based biotechnology company running clinical programmes that include a needle-free COVID-19 vaccine candidate.
Temasek Holdings, A91 Partners, and Kae Capital have invested USD 135m in Indian omnichannel wellness products retailer HealthKart.
Northleaf Capital Partners, a Canada-based asset manager that invests in private equity, private credit, and infrastructure, has opened a Tokyo office to spearhead fundraising activity in Asia and is considering the addition of a Korea presence.