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Newsletter by Index-Asia

Some of the latest selected deals of the area:

May 2020 Newsletter – Index Asia Ltd.

Energy & Utilities – USD258.6m
[Energy][Acquisition] Singapore firm offers to acquire P7.3-b stake in First Gen
[Energy][Acquisition] ThomasLloyd buys P3-B shares in AC Energy solar farm
[Utilities][Fundraising] Manila Water unit signs P3-B loan with two banks
[Energy][Investment] Biogas project of MPIC unit, Dole receives Japanese gov’t subsidy
[Energy][Acquisition] PNOC EC hikes stake in Malampaya gas project

– USD0.0m


Real Estate – USD0.0m


Finance USD0.0m
[Finance][Tech][Fundraising] Philippine on-demand salary platform Advance secures seed funding


Tech – USD1.6m
[Tech][Finance][Fundraising] Philippine on-demand salary platform Advance secures seed funding
[Tech][Fundraising] Home services app GoodWork raises $1.6m in seed funding


Education – USD0.0m


Healthcare – USD0.0m


Retail F&B – USD138.0m
[F&B][Investment] Jollibe Foods plans US$138m investment in restructuring drive


Agribusiness – USD0.0m
[Agribusiness][Partnership] AgriNurture partners with gov’t for online market


Logistics USD112.5m
[Logistics][Acquisition] Sumitomo buys into MPIC’s railway business
[Logistics][Divestment] Metro Pacific sells 10.32% stake in Indonesian toll road operator to Japanese consortium
[Logistics][Investment] Ikhlas Capital invests US$18m in Philippines’ GMI


Other USD2,170.0m
[Industrials][Acquisition] San Miguel drops $2-b acquisition of Holcim  
[Outsourcing][Fundraising] Cloudstaff Raises US$20M Series B to Expand Cloud-based Workforce


Aggregate Deal Values = USD2,680.7m
Note: Deal values only include disclosed completed deals. Rumored, announced, or planned deals not included.
*USD1.00 = PHP50.44