Hellman & Friedman has submitted a buyout offer for Australia’s Fairfax Media that values the business as high as A$2.9 billion ($2.1 billion).
The US private equity firm is willing to pay between A$1.225 and $1.25 per share, according to a statement – a premium to an existing offer of A$1.20 per share from TPG Capital and Ontario Teachers’...
Team turnover remains a key concern for LPs making commitments to Chinese private equity firms, but even the most stable of GPs must demonstrate an ability to evolve in response to a fast-changing environment, investors caution.
Redpoint China Ventures has closed its debut renminbi-denominated VC fund at RMB700 million ($110 million).
India’s National Investment & Infrastructure Fund has acquired a controlling stake in PE-backed logistics player Continental Warehousing Corporation (CWCNSL) in a joint deal with Dubai-based port operator DP World.
HarbourVest Partners has closed its latest fund-of-funds targeting European and Asian markets with $1.7 billion in commitments.