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M&A activity in slow lane, deal value down 43%

Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same period in the last year. According to data sourced from Bloomberg, Indian companies reported deal value worth $23.5 billion between January and March 22, 2023. Data Infrastructure Trusts acquisition of American Tower Corporations India telecom towers business for $2.5 billion was the top deal for the ongo...
Red Sea Djibouti General United States Aurojyoti Bose Uttam Ghosh Rediff Prabal Banerjee
Source: rediff.com

Luxury beauty analysis: How to win over… Asia's discerning consumers

Insight and data from Clé de Peau Beauté, Elizabeth Arden, LUXASIA, and more reveal that Asia Pacific’s luxury beauty segment faces the challenge of justifying its high prices to more discerning consumers against a backdrop of economic uncertainties and rising quality of brands at more accessible price points.
Republic Of South Korea Anchit Nayar Sophie Mitchell Justin Boxford Jitha Thathachari

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5G to drive mobile services revenue growth in APAC region during 2023-2028: GlobalData, ET Telecom

“With 5G services already launched in almost all the developed markets including Australia, China, Japan, Hong Kong, and Korea, and set to be launched soon in countries like Bangladesh and Sri Lanka, the revenue prospect for mobile data segment will remain strong through the forecast period,” said Hrushikesh Mahananda, Telecom Analyst at GlobalData.
Sri Lanka Hong Kong Hrushikesh Mahananda Asia Pacific Telecom Analyst At Globaldata Telecom Analyst

Hillhouse, Boyu in Talks to Invest in GDS's Southeast Asia Data Centers

(Bloomberg) -- Alternative asset managers Hillhouse Capital, Boyu Capital and CDH Investments are in advanced talks to invest in GDS Holdings Ltd.’s data center business outside China, according to people familiar with the situation.Most Read from BloombergThese Are the Best Countries for Wealthy ExpatsOne of the Most Infamous Trades on Wall Street Is Roaring Back‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorSlow US Inflation Retreat Is Set to Bolster Fed P...
United States Hong Kong Bloomberg Businessweek Ta Associates Holdings Ltd Million Stake Sale In Global Data Centers
Source: yahoo.com

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