Bloomberg MAP Active, the Indonesian sporting goods retailer backed by CVC Capital Partners, is planning a domestic initial public offering that could raise about $300 million, people with knowledge of the matter said. The company, which is a unit of Jakarta-listed PT Mitra Adiperkasa, aims to sell shares as soon as next year, according to the people. It has invited ...

Bloomberg Mahindra & Mahindra Ltd. is considering introducing vehicles made by its South Korean subsidiary in the US, according to Managing Director Pawan Goenka. Mahindra hasn’t yet decided which SsangYong Motor Co. models it will sell in the US, Goenka said in an interview in Mumbai. The automaker is waiting for the board of its South Korean unit to approve ...

Bloomberg The euphoria around Chinese fintech listings may be starting to wane. Online lender PPDAI Group Inc. raised $221 million after pricing its US initial public offering below the bottom end of a marketed range. The stock climbed 1.2 percent to $13.15 as of 12:52 pm in New York. Rival Qudian Inc. fell below its offer price the week after ...