A courier for food delivery service Deliveroo rides a bike in London, Britain, March 24, 2020. REUTERS/Dylan Martinez/FilesThe Competition and Markets Authority said on Friday the approval was in light of a deterioration in Deliveroo’s financial position as a result of the coronavirus pandemic.
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HC Surgical and Heliconia end S$5m investment agreementHC Surgical Specialists on Friday said that it and Vanda 1 Investments, managed by Temasek's Heliconia Capital Management, have entered into an early redemption and termination deed for a S$5 million convertible bond that Vanda had subscribed for to help fund the company's regional business expansion. Read more at The Business Times.
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Swiber in talks for possible US$200m cash investment, bond issuanceDEBT-LADEN offshore and marine group Swiber Holdings, currently in judicial management, has started discussions with a third party with a view to set out the broad terms of a possible restructuring deal in a term sheet. Read more at The Business Times.
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Investment scheme, S$20,000 grant to support Asean fintechs during pandemicHONG KONG financial services firm AMTD Group and its charity foundation have partnered the Asean Financial Innovation Network to establish a S$50 million fund to support regional fintech firms during the Covid-19 pandemic. Read more at The Business Times.
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