Quadrant Private Equity has completed its exit from Australian car dealership Peter Warren Automotive Holdings - which it took public last year - through a AUD 50m (USD 34m) block trade.
The private equity firm sold 15.7m shares, equivalent to its post-IPO holding, according to a filing dated September 13. The transaction implies a price of AUD 3.19 per share, a significant premium to...
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.