TOKYO, July 01, 2024--KKR and Teachers’ Venture Growth Lead US$140 Million Series E Round in Leading Japanese Cloud-Native Human Resources Software Platform SmartHR
Mitsubishi UFJ (MUFG) and MUFG bank sign an investment agreement for $195 million in Ascend Money. This is set to solidify MUFG's presence in the APAC region.
According to the report, the joint bid topped a competing offer from Sixth Street, BlackRock and the Canada Pension Plan Investment Board, with the loan book selling above par. KKR, Carlyle and Discover Financial did not immediately respond to Reuters' requests for comment.