Tim Sims, co-founder and managing director of Pacific Equity Partners, argues that Australia’s strong fundamentals make it an attractive market for buyouts, while perceptions of an over-reliance on China are misplaced
Q: Your most recent deal, Spotless, was a take-private. How significant are lower public market valuations to deal-making at present? A: Traditionally public to private deals have not been that common...
A unit of China Zhongwang has agreed to buy US aluminum company Aleris Corporation in a deal worth $2.3 billion, facilitating an exit for majority owner Oaktree Capital Management.
Beijing Allcure Medical Technology, a Chinese medical start-up that develops cloud-based radiotherapy technology, has raised an extended Series A round of funding worth RMB180 million ($27 million).
Sequoia India and US-based Sands Capital Ventures have led a $27.4 million Series B round of funding for Mitra Biotech, an India and US-based company that focuses on personalized cancer therapies.
HappyFresh, a Southeast Asian online grocery delivery platform, has raised a Series B funding round led by Dubai-based private equity firm Samena Capital.