President Donald Trump and Chinese leader Xi Jinping have finally talked and have pledged to restart tariff and trade talks in the coming days with both leaders inviting the other to visit their respective countries.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
PHOTO: US EMBASSY CANBERRA
Trump, Xi speak at last as trade talks restart and tariff strain eases
President Donald Trump and Chinese leader Xi Jinping have finally talked and have pledged to restart tariff and trade talks in the coming days with both leaders inviting the other to visit their respective countries. Read here
Anduril secures $2.5B, boosts valuation to $30.5B
Founders Fund has led another, enormous round for the California-based defense tech startup with a $1 billion investment as part of a new raise, the largest check the firm has ever written, doubling the company's valuation. Read here
PHOTO: ANDURIL
Neuberger Berman closes $4B GP secondaries fund
The New York-based investment firm has closed its latest secondaries vehicle, NB Strategic Capital Fund II, marking one of the largest fundraises to date in the rapidly expanding market for sponsor-backed continuation vehicles.Read here
PHOTO: NB
NEWS WORTH NOTING
Amazon to invest over
$5B in new AWS region
The Washington-based e-commerce giant has announced the launch of the Amazon Web Services Asia Pacific (Taipei), along with plans for the construction, connection, operation, and maintenance of its data centers in Taiwan.Read here
Rosebank Industries raises $1.55B for ECI acquisition
The British investment firm, which focuses on flipping businesses, is securing funds to finance the buyout of Missouri-based Electrical Components International. Read here
Danantara Indonesia weighs stake in Grab-GoTo deal
The newly launched sovereign wealth fund is in early talks with GoTo to get a piece of rival Grab's potential buyout of the ride-hailing and food delivery firm, according to a report. Read here
Miniso Group mulls spin-off, listing of pop toy business
The Chinese lifestyle products retailer is making a preliminary assessment of a potential spin-off listing of its pop toy business operating under the brand, "TOP TOY". Read here
Great Eastern eyes delisting with OCBC's $700M offer
The Singapore-headquartered insurer is proposing to exit from the Singapore bourse by way of its largest shareholder offering to buy the rest of the firm it does not already own. Read here
