Softbank and Naver plan to take messaging app LINE private. This will not only lead to improved R&D spend, it will also unlock value for the majority shareholders.
There is a growing hunger amongst Asia-Pacific executives for M&A deals as businesses seek to capitalise on market disruptions wrought by ongoing social and trade tensions.
Public investors miss out, at least for the time being, as Metro Pacific Investments shelves its planned $1.6 billion IPO of the fast-growing Metro Pacific Hospitals.
After selling its e-commerce platform, and attracting capital for music streaming and online education, NetEase is trying to show the world that it is focused on its game business.