The Tencent-backed audio streaming platform developer cancelled its plans to float in New York after the Chinese authorities asked it to consider listing in Hong Kong.

PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.

Mediengruppe Oberfranken and Tengelmann-backed luxury watch marketplace Chronext plans to float on the SIX Swiss Exchange later this year.

Reckitt Benckiser, Emerson Group, McKesson and Sealed Air are set to score exits from the e-commerce services provider.

Sanofi and Alexandria Real Estate Equities could exit the chronic disease therapeutics developer, which has set the range for an offering that could raise up to $170m.

First Data will exit MineralTree after Global Payments agreed to purchase the payment automation technology producer.

Stratasys spinoff Evolve Additive Solutions secured $30m from 3D Ventures while CollegeDekho - spun off by GirnarSoft - raised $26.5m.

SoftBank Vision Fund and SAEV - both existing investors in the enrgy storage technology developer - contributed to a $100m PIPE financing supporting the deal.

Novo-backed surgical robot maker Procept will fund recruitment and product development initiatives with the proceeds of an IPO for which it has just set terms.

Alphabet subsidiary Verily is set to exit Ciitizen, a management software platform for healthcare data, after Invitae agreed to buy the company.