Mergers & Acquisitions
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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.
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BookMyShow acquires majority stake in Pune-based DIY events platform Townscript
BigTree, the owner of Bookmyshow makes its second acquisition this year after it took over Hyderabad-based MastiTickets last month.
