May 20, 2013 | Asia, China, East Asia, News
China Daily 14 May 2013 BEIJING – China’s Internet giants have gone on a new acquisition spree in recent months as they ramp up efforts to diversify businesses amid the industry’s constantly changing dynamics. Alibaba, China’s leading...
May 20, 2013 | Asia, China, East Asia, News
Bloomberg 15 May 2013 China Galaxy Securities Co., a brokerage controlled by the country’s sovereign wealth fund, raised about $1.1 billion in an initial public offering in Hong Kong, two people with knowledge of the matter said. The company, based in Beijing, sold...
May 20, 2013 | India, News, North America, South & Central Asia
VC Circle 15 May 2013 With this round of funding, the total amount raised by the company exceeds $1.5 million. Skift, a New York-based travel intelligence media company that offers news, insight, data, tools and services to the travel industry and also caters to...
May 20, 2013 | India, News, South & Central Asia, Southeast Asia
VC Circle 17 May 2013 Singapore-based private equity firm Nalanda Capital has picked up nearly 8 per cent stake in auto ancillary firm NRB Bearings through a deal on Thursday. Nalanda India Equity Fund acquired 7.96 per cent stake in the company for Rs 27.02 crore....
May 20, 2013 | India, News, South & Central Asia
Business Standard 19 May 2013 The estimated Rs 950-crore IPO of local search engine Just Dial will begin tomorrow and is one of the largest initial public offers by an Indian Internet company. The IPO, which does not have issue of fresh shares, would see promoters...
May 20, 2013 | Africa, India, News, South & Central Asia
Business Standard 17 May 2013 Investment bankers have suggested that Bharti Airtel’s top management hive off the company’s African telecom tower assets into a separate company and then sell it to its listed subsidiary, Bharti Infratel, at a valuation of $2...
