Australia-based turnaround investor Anchorage Capital Partners has agreed to buy the New Zealand business of childcare provider Evolve Education for an enterprise value of NZD 46m (USD 28.1m).
The business comprises 105 centres under brands such as Lollipops, Active Explorers, Little Wonders, Little Lights, Little Earth, Learning Adventures, and Pascals. The enterprise value represents a multiple...
The Carlyle Group has applied for regulatory approval to acquire a 26% stake in Taiwan-based sushi chain Zhengxian, also known as Sushi Express.
Hong Kong-based insurer FWD Group and Malaysia’s Artem Ventures have set up a MYR 45m (USD 10.2m) VC fund focused on insurance technology and Islamic financial technology in Malaysia.
DeHaat, which claims to be India’s largest full-stack agricultural technology platform, has closed its Series E round on USD 60m. Sofina and Temasek Holdings were the lead investors.
Temasek Holdings has launched an internal review into the circumstances that led to its investment in collapsed cryptocurrency exchange FTX, but Singapore’s deputy prime minister refused to criticise the organisation’s governance structures.