Mergers & Acquisitions
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Korean ST Unitas to acquire the Princeton Review
During the press conference at Conrad Hotel in Seoul on the 14th of February, Korean’s ST Unitas has made an announcement that it is to acquire the Princeton Review.
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China’s JoyMe, Kee Ever to set up US$360 million M&A fund to acquire oversea video game companies
China’s JoyMe and Kee Ever to set up a US$360 million investment fund to acquire oversea game companies.
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Japanese peer-to-peer marketplace app Mercari to acquire Asia-focused auction site Smaoku
Japanese peer-to-peer marketplace, Mercari has announced that it has acquired Zawatt which operates Smaoku as its wholly owned subsidiary. The financial terms of the deal was not revealed.
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Indian packaged foods startup Sattviko acquires outfits curation platform StylSpot
Indian packaged food startup Sattviko has acquired StylSpot., a fashion stylist curation platform in order to scale up their product discovery platform.
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Wah Seong Corp acquires German pipeline coating firm mutares AG for US$20.6 million
Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares’ pipe coating plant for the Nord Stream 2 project in the Baltic Sea.