Deals
The loan is aimed at modernising the company’s existing plants in China.
PE giant KKR to invest $400m in Malaysian subsea cable services provider OMS Group
DEG commits $25m loan for Silver Dragon Water Supply Group
Chinese coffee chains see Japan as key testing ground ahead of global expansion
Tech-enabled B2B commerce struggles to survive in Indonesia, Vietnam but hope lingers on
Indonesian investment firm Saratoga seeks to build a more sustainable portfolio
More Stories
Editor’s take: The week that was—Oct 23-28
GoTo-backed digital lender Bank Jago’s profit jumps 24% in 9M 2023
Sequoia Capital marks up the value of 15 funds, writes down four
With funding in purse, From This Island joins starry lineup of beauty brands in Indonesia
SE Asian venture funding in Jan-Sept 2023 retreats below pandemic levels
Analysis
But competition is steep as Starbucks has over 1,800 locations in Japan.
Private Equity
Zhaojin Capital is a unit of Zhaojin Mining Industry, which owns 7.02% of Tietto.
The commitment is for 3650 REIT’s “bridge and event-driven” lending strategy in the US.
The merger would have created one of the world’s largest memory chip makers.
Venture Capital
Better Bite Ventures invested in Fattastic Technologies, Pivot Eat, and Everything But.
The round was led by existing investor Blackbird Ventures.
NSSK III, launched in 2021, has already made five investments.
Azure had previously rejected a buyout bid from SQM that valued the miner at A$901.4 million.
IPOs & Markets
KKR sold shares in the chip equipment maker for $724m in Japan’s largest IPO in five years.