Oak Capital has invested JPY500 million ($4.9 million) in JASDAQ-listed IT services firm Softfront, increasing its stake in the company to 20.8%.
North Asia | 04 Mar 2014 |
CDH Investments will acquire a 20% stake in Eastern Dragon project, a gold reserve base owned by Canadian miner Eldorado Gold Corporation, for $40 million in cash.
Greater China | 25 Feb 2014 |
WestBridge Capital has raised an additional $325 million from investors for its 2011 vintage WestBridge Crossover Fund, taking the corpus size to $850 million. The vehicle, which targets PIPE deals, is described as an evergreen fund without a specific...
Fundraising | 11 Feb 2014 |
WestBridge Capital Partners has acquired 24.9% of DFM Foods, a leading Indian snack foods manufacturer best known for Crax Corn Rings.
Consumer | 05 Feb 2014 |
Yunfeng Capital and Alibaba Group together plan to buy a 54.3% stake in pharmaceutical data provider CITIC 21CN, a Hong Kong-listed subsidiary of Chinese conglomerate CITIC Group, for HK$1.33 billion ($171 million).
Greater China | 24 Jan 2014 |
Singapore-based Nalanda Capital has bought a further 3.73% stake in listed Indian undergarment maker Lovable Lingerie, taking its total holding to 8.79%.
PIPEs | 20 Jan 2014 |
India and Southeast Asia-focused GP Creador will buy about 11% of listed tile and sanitary ware maker Somany Ceramics for INR499.9 million ($8.1 million).
South Asia | 14 Jan 2014 |
Multiples Alternative Asset Management has taken around 3.8% stake in listed textile manufacturer Arvind for INR1.48 billion ($24 million), buying 9.95 million shares through bulk deals on the open market.
South Asia | 03 Jan 2014 |
Black River Asset Management, the private equity unit of US agribusiness giant Cargill, has increased its stake in listed food processing and export company AgriNurture (ANI).
Southeast Asia | 03 Jan 2014 |
Blackstone is to increase its stake in the Commodity Exchange of India (MCX) to as much as 4.99%. The proposed purchase comes after Blackstone picked up 2% in the commodity bourse for INR1.04 billion ($16.6 million) in March this year.
South Asia | 19 Dec 2013 |
RRJ Capital has paid HK$2.7 billion ($349 million) for a 7.85% stake in China Everbright International, a subsidiary of Chinese conglomerate China Everbright Holdings, becoming the second-largest shareholder in the company.
Greater China | 13 Dec 2013 |
The Blackstone Group has bought a 49% stake in Enhanced Experience, a wholly-owned subsidiary of Hong Kong-listed Franshion Properties, for $128 million.
Greater China | 10 Dec 2013 |
The National Council for Social Security Fund (NSSF), China's state pension fund, has invested $15 million in China Mobile Games and Entertainment Group (CMGE), a US-listed mobile games operator.
Greater China | 20 Nov 2013 |
Temasek Holdings, Hopu Investment Management and three other investors will buy a 13.24% stake in Yashili International from China Mengniu Dairy for HK$1.6 billion ($213 million). Mengniu – which bought a controlling stake in Yashili earlier this year...
PIPEs | 11 Nov 2013 |
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Join us at the 11th Annual AVCJ Private Equity & Venture Australia and New Zealand Forum on 5-7 March at the Four Seasons Hotel in Sydney to find out how funds of varying size are raising capital, sourcing deals and exits, as well as all you need to know to effectively navigate Australasia's changing alternative asset landscape.
After a decade-long mining boom the economy is experiencing a loss of momentum and the resulting deal flow reduction and lack of value in the market means GPs are chasing many of the same acquisition targets. That said, the exit market is recovering with both IPOs and M&A activity picking up, and an increase in LPs appetite for the asset class, and the recent government change means that the industry is cautiously optimistic for the future and expecting a rise in activity over the next 12 months.
5-7 March 2014, Four Seasons Hotel, Sydney