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Temasek Makes $3B Bid To Take Control Of Singapore's Keppel Corp
Singapore state investor Temasek Holdings is offering to take control of Keppel Corp in a S$4.1 billion (2.32 billion pounds) deal that will shore up support for the conglomerate, which is battling difficult business conditions. Full investment news article
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Vertex Ventures China Closes Over $560M New Us Fund For Tech, Consumer Investments – China Money Network
Vertex Ventures China, a venture capital firm that invests in high-growth innovative start-ups across mainland China, raised nearly RMB4 billion (US$565.43 million) for a new US-denominated fund, according to a company statement on Monday. This is the largest fundraising scale since Vertex Ventures China’s independent fundraising. The new fund was oversubscribed by all overseas institutional investors due to its good investment performance and excess fund returns. Full investment news article
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