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Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding - sources

05 Oct 2018

SINGAPORE/JAKARTA SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said.

EXCLUSIVE-SoftBank nearing $500 mln investment in ride-hailing firm Grab - sources

05 Oct 2018

JAKARTA/SINGAPORE, Oct 5 SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said. Six-year-old Grab has garnered more than $6 billion in total funding, led by SoftBank, Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp. After its last funding a few months ago, Grab was valued at around $11 billion.

Japan Inc's global push drives Asia M&As, offsets China slowdown

28 Sep 2018

HONG KONG/SINGAPORE Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma's $62 billion swoop on British drugmaker Shire .

Japan Inc's global push drives Asia M&As, offsets China slowdown

28 Sep 2018

HONG KONG/SINGAPORE Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma's $62 billion swoop on British drugmaker Shire .

Exclusive - Axiata likely to reject Keppel-led offer for Singapore mobile firm M1: source

27 Sep 2018

SINGAPORE Malaysia's Axiata Group Bhd , the biggest shareholder in M1 Ltd , is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion (£1 billion), a source with direct knowledge of the matter said.

UPDATE 1-Keppel, SPH look to up stake in Singapore telco M1 -sources

26 Sep 2018

KUALA LUMPUR/SINGAPORE, Sept 26 Keppel Corporation Ltd (KCL) and Singapore Press Holdings Ltd (SPH) are looking to buy out Axiata Group Bhd's stake in Singapore's smallest mobile network operator M1 Ltd, sources familiar with the situation said on Wednesday.

Malaysia's Axiata scraps $940 million Pakistan deal after regulatory issues

18 Sep 2018

KUALA LUMPUR/SINGAPORE A unit of Malaysian telecoms firm Axiata Group has called off a $940 million deal to buy 13,000 telecoms towers in Pakistan after regulators there failed to provide all approvals for the transaction announced a year ago.

CORRECTED-UPDATE 1-Malaysia's Axiata scraps $940 mln Pakistan deal after regulatory issues

18 Sep 2018

* Says deal conditions not met, particularly regulatory approval

Go-Jek aims to raise $2 billion for Southeast Asia expansion: sources

17 Sep 2018

SINGAPORE/JAKARTA Indonesian ride-hailing firm Go-Jek is seeking to raise about $2 billion from existing investors, including Tencent Holdings Ltd and JD.com, to fund its expansion plans in Southeast Asia, sources familiar with the matter said on Monday.

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