Fairfax Financial Holdings will sell a 12.2% stake in ICICI Lombard General Insurance to a group of PE investors including Warburg Pincus, Tamarind Capital, and IIFL Asset Management.
Bain Capital Private Equity is set to exit Domino’s Pizza Japan, having exercised a put option requiring Domino’s Pizza Enterprises (DPE) - which acquired a majority interest in the business in 2013 – to buy its 25% stake.
Navis Capital Partners 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).
US-based software developer Ebix has agreed to buy a majority stake in Indian financial technology firm ItzCash, providing an exit for its VC backers including Lightspeed Venture, Matrix Partners and Intel Capital.
Blue Sky Alternative Investors will exit its stake in HPS, Australia’s largest provider of outsourced pharmacy services to hospitals, as healthcare business EBOS agreed to buy the asset for A$154 million ($116 million).
Jayaram Banan, the founder of Indian restaurant chain Sagar Ratna, has bought out India Equity Partners’ (IEP) majority stake in the company.
QIC, Goldman Sachs and Pagoda Investment – a China-focused private equity firm set up by a former QIC executive – have agreed to buy Icon Group, an Australian oncology services provider, from Quadrant Private Equity.
Partners Group has acquired a majority stake in Philippines-based business process outsourcing (BPO) provider SPi Global from CVC Capital Partners and Philippine Long Distance Telephone Company (PLDT) in a deal that values the business at $330 million.
CDH Investments has completed its third partial exit from WH Group in nine months, generating proceeds of HK$5.78 billion ($743 million) and reducing its holding in the Chinese pork producer to 3.24%.
Dixon Technologies, a contract electronics manufacturer based in India, has filed for an IPO that will provide an exit to Motilal Oswal Private Equity (MOPE).
SoftBank Group has invested in One97 Communications, the parent company of Indian online payments and e-commerce platform Paytm.
Energy-focused private equity firm Prostar Capital and its co-investor BlackRock have acquired Korean gas distributor Kyungnam Energy, facilitating an exit for local GP Anchor Equity Partners.
With regional and global GPs showing greater interest in Vietnam, local managers have an additional exit option - and an opportunity to show that country funds can perform across multiple cycles
Warburg Pincus has sold a 25% stake in India-listed non-banking financial company (NBFC) Capital First to a group of buyers including Singapore sovereign wealth fund GIC Private.
Yantai Zhenghai Bio-tech, a Chinese biotechnology company backed by CDH Investments, saw its stock gain 44.03% on its first day of trading following a RMB234 million ($34 million) IPO in Shenzhen.
Samyang Optics, a Korea-based camera lens manufacturer owned by VIG Partners, is seeking to raise as much as KRW82.4 billion ($73.5 million) through a domestic IPO.
MBK Partners has sold part of its stake in Korean water purifier business Coway – having abandoned plans for a full exit last year – generating proceeds of approximately KRW370 billion ($330 million).
Yum China Holdings, which operates KFC, Pizza Hut and Taco Bell in the country, has agreed to buy Daojia, a local online food-ordering platform backed by several private equity investors.
Regional private equity firms are refocusing on Vietnam, widening the exit options for local GPs that specialize in bringing companies to scale. But sizeable deals are scarce and valuations are rising
The International Finance Corporation (IFC), the investment arm of the World Bank, will exit its entire stake in Indian hospital chain Max Healthcare for INR4.2 billion ($65.6 million).
KKR has fully exited its remaining 11.8% stake in car dealership China Rundong Auto Group for HK$395 million ($50.7 million), ending a seven-year association that included an IPO in Hong Kong in 2014.
Proterra Investment Partners has more than doubled its money on Dodla Dairy following a four-year holding period in which the company boosted production of quality milk to meet growing demand from Indian consumers
Hong Kong-listed private equity firm AID Partners has acquired Israel-based molecular diagnostics company GeneSort for $23 million.
Indian online matchmaking services provider Matrimony.com has filed for an IPO that will provide exits for VC investors Mayfield India and Bessemer Venture Partners.