Affinity Equity Partners has finalized its acquisition of Australian meat products firm Primo Smallgoods in a deal that values the company at A$740 million ($758 million). Previous reports suggested that the valuation was at least A$900 million.
The private equity firm will take a 70% stake, with the remainder held by Primo's founders, the Lederer family, Reuters reported, citing a source with direct knowledge of the matter. Affinity submitted...
The New Zealand Venture Investment Fund (NZVIF), a government-sponsored fund-of-funds, and domestic investor Enterprise Angels plan to commit about NZ$20 million ($14.3 million) to local start-ups over the next four years.
Sequoia Capital India has led a $6.3 million Series A round for Indian online financing marketplace KredX.
Private equity-backed Chinese logistics operator ZTO Express has raised $1.4 billion in its New York Stock Exchange IPO after pricing its shares above the indicative range. It is the largest US float by a Chinese company since Alibaba Group in 2014.
Yello Digital Marketing (YDM), the digital marketing unit of South Korean mobile internet company Yello Mobile, has received $15 million in funding from Partners For Growth (PFG), the PE arm of SVB Financial Group.