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Temasek and Li&Fung To Exit Hong Kong’s LF Logistics to A.P. Moller Maersk for USD3.6b
Temasek and Li&Fung agreed to exit LF Logistics, a Hong Kong-based integrated logistics and supply chain management services company, via a sale to A.P. Moller Maersk for USD3.6b in an all-cash deal. Read More
I&P Invests in Togo’s Lomé Business School
I&P invested an undisclosed amount in Togo-based higher education institution Lomé Business School. Read More
Actis-Backed Honoris United Universities Acquires Egypt’s Merit University
Actis-backed Honoris United Universities agreed to acquire Egypt-based Merit University for an undisclosed amount. Read More
Mizuho Leads USD200m Series E for Vietnam’s MoMo
Mizuho led a USD200m Series E for MoMo, a Vietnam-based mobile wallet services provider, with participation from Ward Ferry, Goodwater Capital and Kora Management, at a reported USD2b valuation. Read More
GL Ventures, Meituan, Others Invest USD157m Series A for China’s Haomo.AI
Haomo.AI, a China-based AV startup, raised a ~USD157m Series A from GL Ventures, Meituan, Qualcomm Ventures, JZ Capital and Shoucheng Capital at a reported USD1b+ valuation. Read More
Foursan Group Acquires 49% Stake in Jordan’s Jo Academy
Foursan Group acquired a 49% stake in Jo Academy, a Jordan-based online private tutoring platform. Read More
Alta Growth Capital and Fondo de Fondos Acquire Mexico’s Interquim
Alta Growth Capital and Fondo de Fondos acquired 100% of Interquim, a Mexico-based producer of active pharmaceutical ingredients. Read More
Anchor Equity Partners Invests USD210m Pre-IPO Round for South Korea’s Kurly
Anchor Equity Partners invested a USD210m pre-IPO round for South Korea-based online grocery delivery startup Kurly at a reported USD3.3b valuation. Read More
Accel Leads USD75m Series B for Singapore’s Nansen
Accel led a USD75m Series B for Singapore-based blockchain data analytics platform Nansen, with participation from GIC, a16z, Tiger Global, SCB 10X, Amplify Partners, L1 Digital, Skyfall Ventures, Folius Ventures, Old Fashion Research and others. Read More
Medical Credit Fund Reaches ~USD37m Final Close for Fund II
Medical Credit Fund reached a EUR32.5m (~USD37m) final close for its second fund which will provide financing to SMEs within the health sector in sub-Saharan Africa. Read More
Alitheia IDF Reaches USD100m Final Close
Alitheia IDF, a women-focused PE fund, reached a USD100m final close. The fund aims to bridge the financing gap for women-led or owned businesses in Africa. EIB committed USD24.6m to the fund. Read More
Wellington Management Leads USD186m Series E for Brazil’s olist
Wellington Management led a USD186m Series E for Brazil-based marketplace aggregator olist at a reported USD1.5b valuation, with participation from Valor Capital Group, SoftBank, Corton Capital, Globo Ventures, Goldman Sachs and angel Kevin Efrusy. Read More