CVC Capital Partners has agreed to buy Irrawaddy Green Towers (IGT), Myanmar’s largest independent telecommunications infrastructure provider.
The private equity firm is transacting via its fifth Asia fund, which closed earlier this year at the hard cap of $4.5 billion. Financial details were not disclosed, although Reuters has reported the deal...
AVCJ’s daily bulletin will not be published on May 19 due to a public holiday in Hong Kong.
Gojek and Tokopedia, two of Indonesia’s best-funded technology start-ups, have completed a merger, forming what they claim is the largest mobile on-demand services and payments platform in Southeast Asia.
DCL Investments, one of China’s first private equity firms to focus on distressed assets, is looking to raise RMB3 billion ($466 million) for its latest renminbi-denominated fund.
Japanese microsatellite developer Axelspace has raised JPY2.6 billion ($24 million) in Series C funding from a group of domestic VCs, including Sparx Group.