Australia-based turnaround investor Allegro Funds has agreed to buy Toll Global Express (TGS), the express delivery division of domestic logistics giant Toll Group.
The private equity firm has secured A$500 million ($386 million) in funding to complete the separation and drive a business transformation. The transaction comprises equity and debt backed by Commonwealth...
Zhuanzhuan, a used goods trading platform and subsidiary of 58.com, China’s largest online classifieds marketplace, has raised a $100 million round led by electronics giant Xiaomi.
KPCB growth-stage spinout Bond has led a $200 million Series B round for BrowserStack, a software testing platform established by two Indian entrepreneurs.
Chinese healthcare big data company LinkDoc Technology, which counts New Enterprise Associates (NEA), China Broadband Capital, and Temasek Holdings among its investors, has filed for an IPO in the US.
Yonghe Medical Group, a Chinese hair healthcare specialist best known for hair transplants, is targeting a Hong Kong IPO. Its largest external shareholder is CPE, formerly CITIC Private Equity.