Vale acquires innovator New Steel in $500M deal

Source: Dukascopy Bank SA
Brazilian miner Vale, the world's largest nickel and iron ore producer, signed a $500M worth deal with the investment fund Hankoe FIP to acquire the innovation firm New Steel, with the transaction planned for the next year.
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Wed, 12 Dec 2018 05:56:02 GMT

Indonesia's Tokopedia raises $1.1B in latest funding round

On Wednesday, Indonesia's e-commerce company Tokopedia announced it had secured $1.1B in its latest round of funding, led by Japan's SoftBank Group and China's e-commerce titan Alibaba Group Holding.

Wed, 12 Dec 2018 05:39:20 GMT

SoftBank to sell Nvidia stake early next year

According to Bloomberg, SoftBank is considering a stake sale in Nvidia Corp as early as next year, in a potential deal that could bring the Japanese firm about $3B in profit from the transaction.

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