Meiji Yasuda Life Insurance of Japan is in the process of acquiring Thai Life Insurance Co at a deal priced at around US$700 million.
Asia/Pacific
peerTransfer gains $6.4 million in funding
peerTransfer raised $6.4 million in a round led by QED Investors. (Photo : Reuters)A students sits on the steps of a university hall. QED Investors led the round of financing for PeerTransfer, a payment solutions provider focused on the education sector.
ANA and AirAsia's economical airline joint enterprise faces deadlock
ANA Holdings will purchase AirAsia’s way out of their budget airline cooperative enterprise in Japan, leading to a disbanded bond.
HSBC Sells Billabong’s Syndicated Loan
Billabong lost HSBC Holdings Plc as a syndicated lender after the latter sold a portion of its loan to a specialized investment firm.
Cerberus Plan to Increase Seibu Control Rejected by Shareholders
Cerberus planned to increase its stake in Seibu Holdings Inc. by recommending people to the company's board however shareholders rejected said plan.
Latest News
Fiasco remains in Turkcell as it is still unsuccessful in organizing a congress as consequence of a row between shareholders.
PTT CEO announced his plan on investing billions of dollars in Myanmar. (Photo : Reuters)A man counts US dollars and Myanmar kyats at a money changer in Yangon March 21, 2012.
According to a poll, Australians are scared of 'too much' Chinese investments in their country.
Gaming firm Echo Entertainment submitted $1 billion expansion plan for Sydney casino. (Photo : Reuters)Sydney Casino operations Sydney's Star Casino is up for a major expansion once the Australian government approves the $1 billion plan submitted by gaming firm Echo Entertainment.
Wego.com raised $17 million in Series C funding. (Photo : Reuters)This is the logo of Wego. com Travel serch engine Wego. com ha raised a total of $17 million in Series C funding.
Nereus Capital Management would be receiving US$100 million for its clean energy fund for India. (Photo : Reuters)The image is the logo of the United States Agency for International Development.
Temasek Holdings from Singapore pledged to invest into Celltrion. (Photo : Reuters)The image is a biotechnology lab that is the subject of investments by Tullis Health Investors.
Sharp has received the remaining $60 million of Qualcomm's investment, making the latter the third largest investor in the company.
New Zealand's Synlait Milk Ltd. planned a share sell off and an IPO to raise a total of NZ$120 million making it end the majority stake held by China's Bright Dairy.
