Toshiba to acquire Vijai Electricals

Toshiba Corp announced today that it would acquire a majority stake in Vijai Electricals priced at around USD200 million.

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Saudi Aramco-Total joint venture to offer first fuel- sources

Sources told Bloomberg that the joint venture firm of Saudi Aramco and Total, Satorp, would be putting its first fuel up for sale this month.

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Limoneira acquires Associated Citrus Packers

Today, Limoneira Company announced its completed acquisition for Associated Citrus Packers in a deal valued USD18.6 million.

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XBox boards Tell Aviv Startup Jinni for content catalog recommendations

Jinni has been boarded by XBox as its newest partner to power its video content catalog.

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Philippine's Megaworld gives additional PHP10 billion for Iloilo Business Park development

Philippine real estate developer Megaworld Corporation would be adding PHP10 billion to its PHP25 billion development fund for the 72-hectare Iloilo Business Park located in the Visayas region.

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Cathay opposes Qantas' HK budget carrier venture

Cathay Pacific Airways Ltd. released an exchange statement today, voicing out its opposition against Qantas Airways Ltd. (QAN)'s Hong Kong budget carrier venture with China Eastern Airlines Corp. and gambling tycoom Stanley Ho.

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Indonesia loses private equity allure over buyout prices - report

Indonesia has been losing its attraction as a private equity goldmine due to increased competition, shifting government regulations and high valuation prices.

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Japan gov't to build USD470 million 'ice wall' to stop Fukushima leak

The government of Japan proposed today its JPY47 billion or USD473 million 'ice wall' project in the hopes of stopping the leakage of radioactive water from the Fukushima nuclear plant.

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Media outlet PopDigital acquires lifestyle platform, creates new curated network

Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic

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Vestagen Technical Textiles closes USD 8.25 million in financing

Vestagen Technical Textiles was able to raise USD 8.25 million for the commercial launch of its scrub uniforms.

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BBA Aviation validates merger talks with DAE, acquires Maguire Aviation

BBA Aviation confirmed reports that it is planning to merge with StandardAero and that it has already bought Maguire Aviation.

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Canva launches graphic design platform from USD3 million funding

Canva launched a new tool for design creation and collaboration through a USD3 million in seed funding.

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Barclays Bank Kenya finances Marriot Drilling's rig

Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.

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Taulia Inc scores USD 18 million in Series C funds

Taulia Inc scored a total of USD 18 million for its Series C round led by Lakestar.

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KV Asia Capital scores USD 263 million for first fund

KV Asia Capital raised USD 263 million for Fund I.

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