Stake Purchase

PharmEasy sells stake to CDPQ
The pension fund will pay an undisclosed sum for a 2% stake in API Holdings, the owner of online drugstore PharmEasy backed by Ascent Health and Medi Assist.
JCB unearths Net Protections stake
The Hakuhodo DY, Ricoh Leasing and Orix-backed B2C e-commerce payment service has received $56.4m from JCB at a $551m valuation.
Estée Lauder decides to boost Deciem stake
Estée Lauder Companies has hiked its stake in the skincare product maker to a majority share, having first invested four years ago.
Corporate venturing deal net: 22-26 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.
Zanbato zooms towards funding
JP Morgan has become the first strategic bank investor in the securities trading platform provider.
Ageras amasses $73m
The Rabobank-backed accounting software and marketplace provider was valued at about $244m in an investment by Lugard Road Capital.
Ikea unpacks Ikano Bank deal
Ikea holding company Ingka Investments is paying an undisclosed sum for a 49% stake in financial services provider Ikano.
Kakao Mobility hails Carlyle for $200m
Kakao’s ride hailing spinoff Kakao Mobility has received $200m from Carlyle Group.

Other News

Shinsegae Group hails Grab deal
Signite Partners said it had invested because "millions of people use Grab daily".
Oxford Nanopore identifies $24m
Amadeus Capital Partners has bought a stake in the Amgen and Illumina-backed company through a secondary transaction, valuing it at around $2.4bn.
Mogo agrees to Coinsquare investment
Mogo has agreed to buy a nearly 20% stake in the cryptocurrency trading platform operator and will have the right to double this through a secondary transaction.
Purpose Financial has funding in view
Allianz will receive a minority stake in the financial services technology provider after agreeing to invest $42.2m in funding.
IWG takes up residence in The Wing
IWG has acquired a majority stake in the co-working space provider just weeks after GV bought the shares held by WeWork.
Corporate venturing deal net: 8-12 February 2021
Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Editor's Picks

Aurora drives $10bn Uber ATG merger
Uber's autonomous driving spinoff, which had raised $1bn from SoftBank Vision Fund, Toyota and Denso, is merging with self-driving technology producer Aurora.
Mitsui Sumitomo hands $350m to Hippo
The property and casualty insuance provider nearly doubled its overall funding with a strategic investment by MS&AD subsidiary Mitsui Sumitomo.
Grab to take $714m from Mitsubishi UFJ
The banking group is providing the funding as part of a collaboration deal that will involve it building a financial services app with Grab.
SoftBank sorts We Company with $9.5bn financing package
Jin Jiang International and Legend Holdings will get exit routes through the deal, which is set to give SoftBank a stake in the workspace provider sized at about 80%.
test reg

Login