Tethys Petroleum, a Central Asia and Caspian region-focused oil and gas producer, has agreed to sell half of its Kazakhstan oil and gas assets to Sino Oil and Gas Investment (SinoHan), a subsidiary owned by Beijing-based HanHong Private Equity Group.
The transaction will result in an initial $75 million cash payment to Tethys. Additional performance bonus payments will be made for the further discovery of proven and probable reserves achieved from...
Everstone Capital has invested $8 million in Indian customer experience management (CEM) solutions provider Servion Global Solutions, raising its total stake in the company to $74 million.
Malaysian telecommunications conglomerate Axiata has led a $23 million investment in early-stage Australian advertising technology company Unlockd.
Global and regional private equity firms are increasingly turning their attentions to Vietnam, reassured by the country’s relative economic stability and impressed by the rising number of investable companies.
Navis Capital has agreed to sell its controlling stake in Australia’s Retail Apparel Group (RAG) to The Foschini Group of South Africa in a deal worth A$302.5 million ($225 million).