Youku and Tudou, China’s leading online video companies - both of which are US-listed - will merge in a 100% stock-to-stock to transaction worth over $1 billion. The combined entity will be the country's biggest video platform with a more than 35% market share.
Competition is intense in the online video market, with Sohu, Baidu and Tencent all seeking to eat away at the two market leaders. This has led to increasing costs for internet bandwidth, content and mobile...
The thinking behind EQT’s decision to open a Sydney office sheds some light on the need among investors to bring more than firepower to a pricey and competitive market
Anchorage Capital Partners has agreed a A$100 million ($66 million) carve-out of the refrigerated logistics division of Automotive Holdings Group (AHG), an Australia and New Zealand-based car dealership business.
CBC Group, a China-focused healthcare investor, has raised a $300 million credit fund that will issue financing to companies backed by royalties, revenue interests, and other cash flows.
Insignia Ventures Partners and Credence Partners are backing a Philippines rollout by Tonik Financial, which claims to be the first digital-only bank in Southeast Asia.