Editor's take: The week that was — May 27-June 1
This edition captures fundraising milestones hit by several Asia-focused funds despite a challenging landscape
Source: dealstreetasia.com
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This edition captures fundraising milestones hit by several Asia-focused funds despite a challenging landscape
Singaporean multinational banking and financial services corporation DBS Bank has revealed that it has signed an agreement with private equity firm Tower Capital Asia to sell 77.8% of its stake in AXS Pte Ltd to it.
DBS will continue to retain a minority stake of 9.9% in AXS.
All the big scoops, funding news, deep dives, and more from the week gone by
The firm wants to wait and watch before expanding into other SE Asian markets