Chinese conglomerate Fosun International has acquired a 20.45% stake in Beijing Sanyuan Foods, a dairy products producer, for RMB$2 billion ($325 million).
According to a regulatory filing, Fosun will subscribe 306 million ordinary shares at RMB6.53 apiece in a private placement offered by Sanyuan. It will invest via Shanghai Pingrun Investment Management...
Thailand's Siam Commercial Bank (SCB) has formally announced a financial technology investment strategy aimed at improving customer experience while encouraging domestic start-ups to keep up with changes in the global market.
China Investment Corporation (CIC) posted a 2.96% loss on its international portfolio in 2015 – the first annual negative return in four years and the third since its inception in 2008.
Bertelsmann India Investments has led a INR1.12 billion ($17 million) Series B round of funding for Indian budget hotel chain Treebo.
KKR will sell its 45% stake in Australia-based healthcare provider GenesisCare as China Resources Group and Macquarie Capital agreed to buy a majority interest in the business.