KKR has improved its tender offer for Japanese high-tech manufacturer Hitachi Kokusai Electric after the process, which was announced in April, stalled due to share price volatility.
The private equity firm has proposed to buy all outstanding shares in the company for JPY2,900 apiece, up from JPY2,503 in the original bid, according to a Hitachi filing. The new offer values the company...
Beyond Ventures and Chinese internet giant Alibaba Group have led a $40 million funding round for Hong Kong-based genetic testing and wellness start-up Prenetics.
Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund based in the United Arab Emirates, has committed $1 billion to the Indian government’s National Investment and Infrastructure Fund (NIIF).
Australian private equity firm ROC Partners has teamed up with the state government of New South Wales and pension fund First State Super to launch a A$150 million ($118 million) equity fund targeting small to medium-sized enterprises (SME).
IMM Private Equity has agreed to buy a majority stake in W Concept Korea, an own-brand online clothing retailer owned by ISE Commerce, a multi-strategy Korean e-commerce business.