INVESTMENTS & FUNDING
Activate Capital has joined the Qatar Investment Authority's (QIA) USD 3 billion Fund of Funds. The partnership involves establishing a new international office in Doha and targeting growth-stage investments in digitalization and decarbonization sectors across emerging markets.
MERGERS & ACQUISITIONS
Global investment organization EQT has agreed to acquire U.S.-based real estate manager Stockbridge for a base consideration of USD 375 million in cash. The transaction aims to expand EQT Real Estate's presence across industrial outdoor storage and alternative living sectors, with closing expected in early 2027.
INVESTMENTS & FUNDING
Moneyview Limited has injected INR 2.5 billion into its wholly owned subsidiary, Whizdm Finance Private Limited (WFPL), via an equity share subscription. This capital infusion aims to augment the lending subsidiary's financial foundation and support ongoing business expansion initiatives funded through the parent entity's initial public offering.
FINANCIAL SERVICES
The Islamic Development Bank Group and the Islamic Financial Services Board have signed a Strategic Collaboration Framework in Bangkok. Witnessed by IsDB Chairman Dr. Muhammad Al Jasser, the multi-year agreement aims to strengthen regulatory capacities, harmonize prudential standards, and promote financial stability across shared member countries.
INVESTMENTS & FUNDING
The European Investment Bank (EIB) and Japan Bank for International Cooperation (JBIC) have signed a memorandum of understanding extending their partnership for five years. The agreement focuses on co-financing green energy, resilient supply chains, and reconstruction efforts in Ukraine.
INVESTMENTS & FUNDING
The European Bank for Reconstruction and Development (EBRD) has committed EUR 40 million to Avallon MBO Fund IV. The private equity vehicle targets a total size of up to EUR 260 million to expand long-term equity financing for smaller businesses across Poland and neighboring regions.
ISLAMIC FINANCE
Alandalus Property Co. has secured SAR 71.3 million in short-term Islamic financing from Saudi Alawwal Bank to support a land purchase linked to its real estate expansion plans. The one-year facility, obtained on 13 October 2026, is secured by a promissory note and a mortgage over the property and aligns with the company's 2026–2030 investment diversification strategy.
ISLAMIC FINANCE
Anmat Technology for Trading Company has obtained SAR 40 million in Shariah-compliant credit facilities from Arab National Bank to fund working capital and support project delivery. The facilities will also enable the company to arrange letters of credit and bank guarantees, with government-project receivables assigned as part of the financing security.
CAPITAL MARKETS
Malaysian waste management firm JAG Berhad has agreed to subscribe to 60 million new ordinary shares in Australian gold exploration company Metal Bank through its subsidiary, establishing a 6.17% minority interest to bridge downstream recycling capabilities with upstream resource extraction.
CAPITAL MARKETS
Jio Platforms Limited has announced the pricing details and minimum bid requirements for its upcoming initial public offering, establishing a price band between ₹1,065 and ₹1,119 per equity share along with specific employee reservation provisions.
MERGERS & ACQUISITIONS
Shinhan Financial Group has agreed to purchase a majority stake in Lotte Insurance for $516 million from JKL Partners, aiming to strengthen its non-life insurance operations through a subsequent merger with Shinhan EZ General Insurance.
ISLAMIC FINANCE
Lesha Bank has signed a strategic memorandum of understanding with ChinaAMC (HK) to introduce Qatar's first Shari'a-compliant China equity fund. The vehicle focuses on high-growth mainland and Hong Kong equities, establishing a robust cross-border investment framework between Gulf financial markets and China.
FINANCIAL SERVICES
Porch Group and Porch Insurance Reciprocal Exchange have agreed to acquire the managing general agency and insurance carrier assets of Allied Trust. The multi-structured acquisition expands Porch's regional homeowners insurance footprint into Louisiana, South Carolina, North Carolina, and Texas.
BANKING
The African Development Bank Group (AfDB) and Family Bank have finalized a USD 10 million trade finance facility aimed at expanding foreign-currency access for Kenyan small and medium-sized enterprises. The initiative targets critical sectors such as manufacturing, agriculture, health, and renewable energy.
INVESTMENTS & FUNDING
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have expanded the Ukraine Recovery and Reconstruction Guarantee Facility (URGF) to €150 million, incorporating gas assets and warehouse storage to support local businesses amid heightened security risks.
SOFTWARE & IT
Century Software (Malaysia) Sdn Bhd has secured an RM10.8 million contract from Suruhanjaya Koperasi Malaysia (SKM) to supply and implement a new financial management system over a 24-month period, expanding its public sector portfolio and recurring revenue base.
MERGERS & ACQUISITIONS
Abu Dhabi-based International Holding Company is in early-stage negotiations to buy a 25 to 32 percent stake in promoter entity Bandhan Financial Services, potentially facilitating liquidity for legacy institutional investors.
INVESTMENTS & FUNDING
The UK government's economic development bank has committed £10 million to Fuel Ventures through its Regional Angels Programme. The capital infusion aims to expand access to early-stage equity financing for UK technology startups beyond initial funding rounds.
MERGERS & ACQUISITIONS
Bahrain telecommunications operator Beyon has signed a binding agreement to sell its fintech subsidiary, Beyon Money, to Saudi-based Technologies Union Holding Company, parent entity of regulated financial platform Barq, in exchange for an equity stake in Barq.
MERGERS & ACQUISITIONS
Third Coast Bancshares has agreed to acquire Great Plains Bancshares in an all-stock transaction valued at approximately $239.6 million. The deal expands Third Coast's presence into Oklahoma and North Texas, boosting combined pro forma assets to over $9 billion.