Mergers & Acquisitions
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
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Singaporean iFashion acquires lifestyle marketplace Megafash for US$2.23 million
iFashion Group makes its fourth acquisition to date, buying Singapore-based lifestyle marketplace Megafash for US$2.23 million to beef up its portfolio before IPO.
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Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
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Vietnamese buyout firm PHI Group to acquire majority stake in agribusiness HMC
PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.
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Indonesian Indo Komoditi to acquire Sinar Cahaya Cemerlang, Zonergy’s local unit for US$33 million
Indonesian rubber producer, Indo Komoditi has acquired Sinar Cahaya Cemerlang (SCC), a local unit of Zonergy for US$33 million which will be supplied by major shareholders Alam Tulus Abadi (ATA) and Sinoasia. The shareholders’ approval…
