Featured Headlines From: DealStreetAsia

Today’s Curated List Of Headlines



SilkRoad Property set to close first fund at $400m, beats $350m target – DealStreetAsia

Indian travel tech startups are closing the great funding gap with Chinese counterparts – DealStreetAsia

IDG Ventures India to step up investments in consumer tech startups – DealStreetAsia

India: EduPristine raises $10m from Kaizen, US education firm DeVry – DealStreetAsia

Fortune Mate to acquire Sinarmas Group’s unit for $19.8m

China’s Fosun makes offer to buy India’s Gland Pharma – DealStreetAsia

Vietnam’s Vinamilk to scrap 49% foreign ownership cap – DealStreetAsia

Indonesia Gunawan to sell Asuransi stake

Royal Bank of Scotland to shut India operations, begins closure of branches – DealStreetAsia

Russia state fund, Vietnam firm invest in trade platform

Motor Ace Philippines buys 25% stake in Makati Finance for $1.5m – DealStreetAsia

Pfizer to buy Anacor Pharma in $5.2b deal – DealStreetAsia

Crownit receives funding; Advent, Temasek make open offer

ASK Group Exits ATS Infrastructure’s Gurgaon project for $40.4m – DealStreetAsia

Strides Shasun to sell UK arm for $36m

Australia: Champ Ventures is winding up, there will be no 8th fund – DealStreetAsia

CarDekho will continue acquisition spree

Malaysia: LKL International opens with 75% premium, best performing IPO year-to-date – DealStreetAsia

China Everbright enters elderly care business by acquiring Beijing Huichen Nursing Home – DealStreetAsia

Chinese medicine retailer Eu Yan Sang gets buyout offer from Temasek-backed group – DealStreetAsia

Legal firm Latham & Watkins hires top China-focussed PE specialist lawyer Frank Sun – DealStreetAsia

Indonesia, IDB ink $5.2b loan pacts

IFC, ADM Capital set up joint platform for stressed assets

China’s Tencent likely to raise up to $4b loan amid strong demand – DealStreetAsia

Didi could be China’s second most valued unicorn

GT Capital to up stake in low-cost housing player for $55.9m

Singapore Dealbook: AnnAik invests in Chinese project, Charisma Energy buys majority in arm – DealStreetAsia

Tech startups come up with creative definitions of profitable

Exclusive: IFC to invest $3m equity in Myanmar’s ride-hailing service Oway – DealStreetAsia

Terex may sell core unit to Konecranes

TH Dealbook: Superblock buys 49% stake in solar firm; SCI forges JV to take on turnkey projects – DealStreetAsia

Raymond plans to sell 20%; journalist buys The Mobile Indian

Indonesia to use part of SME credit scheme for startup funds

Wow Express, BedBathMore & Smartivity raise funding

Online Millennial recruitment platform Venn launches in Singapore – DealStreetAsia

Exclusive: Mobile app Speeds gets funding from RAIN

eBay eyes buyouts, Snapdeal cuts own commission

Uber’s China rival Didi mulls US IPO

CIC, Boeing among 11 cornerstone investors in BoC IPO


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