AID Partners has bought music and movie retailer HMV's operations in Hong Kong and Singapore, plus all its licenses in mainland China, Macau and Taiwan.
Details of the transaction were not disclosed. As part of the deal AID partners will inject new capital and provide financial backing to the business as the sole shareholder. The management team remains...
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).