Private Equity

Mubadala, CBC Group to buy UCB’s Chinese neurology and allergy business for $680m

CBC and Mubadala had co-led a $315m investment in China’s Hasten Biopharma in April 2023.

Analysis

At $323m, startup megadeals in India hit 13-quarter low in Q1

The share of mega deals to total funding dropped to 12% in Q1 2024 from about 32% in the previous quarter.

Analysis

India Deal Review: PE/VC investments in startups breach billion-dollar mark in March

The deal volume, however, slipped on account of fewer early-stage transactions.

Venture Capital

In its first financial services bet in India, Mubadala leads Avanse’s $120m funding

Avendus PE also participated in the funding round of the educational loan provider.

Analysis

Editor’s take: The week that was — Feb 26-March 2

A weekly roundup of private equity news and views, big scoops, funding updates, and more.

Private Equity

CBC Group’s healthcare infra platform secures $875m second close of latest venture

Abu Dhabi sovereign investor Mubadala joins existing investors APG and CBC Group.

IPOs & Markets

Asia Digest: ESR Group’s JV loan refinancing; Kokusai Electric eyes Tokyo listing

ESR's core JV was formed in 2018 with investments from AXA IM Alts and Mubadala.

Venture Capital

Abu Dhabi’s Mubadala sells 7.6% stake in Islamic bank ADIB to National Holding

National Holding's stake in ADIB has risen to 47% following the deal.

Private Equity

JD.com’s industrial MRO unit raises $300m co-led by Abu Dhabi’s Mubadala

The round saw the participation of UK's M&G and buyout giant BPEA EQT.

Private Equity

Gulf Capital raising fourth fund amid rise in capital flows between GCC and Asia

The firm is targeting about $750m for the vehicle.