Taiwan Optical Platform, a local telecommunication services provider, plans to acquire a majority stake in Eastern Broadcasting (EBC), a leading TV station in Taiwan controlled by The Carlyle Group, for NT$11.12 billion ($351 million).
Taiwan Optical said in a filing that it will acquire the private equity firm's entire stake in EBC through its directly-owned subsidiary. In addition, it will acquire additional shares from EBC employees...
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund of the government of Abu Dhabi, has announced plans to open an office in Hong Kong.
Vincent Ip, a Hong Kong-based partner with Ropes & Gray’s private investment funds group, has been promoted to partner.
CDH Investments has made another partial exit from Chinese pork producer WH Group, selling an approximately 6.83% stake for HK$6.25 billion ($806 million).
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a $100 million investment in Actis Capital's latest emerging markets energy fund.