News. After acquiring a large stake in Europe-based The Next Web, Nikkei, Japanese owner of the Financial Times, is thought to be buying another digital start-up, this time serving the Asia market: Singapore-based Deal Street Asia (DSA), which reports on finance, business verticals and start-ups. The company also operates the event Asia-PE-VC, this year in September. DSA was founded in 2014 and operates a subscription model for its premium content. Terms of the deal remain unclear. Nikkei are thought to be pursuing further digital acquisitions around the globe and may bundle their offer into a new subscription service. The FT is known to have offered to invest in and/or acquire The Information, Jessica Lessin’s high-rated (and solidly profitable) Silicon Valley information service.
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FT set to acquire Deal Street Asia
