Hillhouse Capital Management Ltd. is close to completing its latest fundraising series, attracting $18 billion to back three new funds for the Hong Kong-based investment firm, according to people familiar with the matter.

Blackstone Group Inc. funds have offered to buy St. Modwen Properties Plc as the private-equity giant chases a bigger slice of the U.K.’s red-hot warehouse market.

Headlines about a bursting—or already-burst—SPAC market bubble abound. But even if half of SPACs fail to make it to the finish line by merging with a private company, the M&A market can still reasonably count at least a couple hundred “de-SPAC” deals in the pipeline.

Chat bot startup Ada Support Inc. said it has raised financing at a $1.2 billion valuation.

India has allowed bidders access to the financial data of Bharat Petroleum Corp. as the government moves ahead with plans to sell its entire stake in the country’s second-biggest state refiner, according to people familiar with the matter.

China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, according to people familiar with the matter.

Edward Bramson’s Sherborne Investors Management LP has sold its entire stake in Barclays Plc, ending its more-than three year battle over Jes Staley’s strategy to bolster the lender’s investment bank.