A stronger commodity price environment has spurred some opportunistic private equity investment in Australian mining services, but caution remains the mantra in this industry of capricious value drivers
Morgan Stanley Private Equity Asia (MSPEA) and the chairman and CEO of China XD Plastics have submitted a take-private offer that values the US-listed specialty chemicals player at approximately $260 million.
Kerogen Capital, a Hong Kong-headquartered GP specializing in international energy investments, has committed an initial $50 million to a planned $1.3 billion development in gas fields off the coast of Israel.
The International Finance Corporation (IFC), the investment arm of the World Bank, has proposed a commitment of up to $15 million to Indian solar power company Clean Max Enviro Energy Solutions.
Vertex Ventures, the VC arm of Singapore’s Temasek Holdings, has led a $7.5 million investment in Flutura Business Solutions, an Indian data services provider that uses internet-of-things (IoT) technology.
AGIC Capital, which invests in European high-end manufacturing companies with expansion potential in Asia, has closed its debut fund on target at $1 billion.
Serba Dinamik Holdings, a Malaysian oil and gas services provider backed by CMS Opus Private Equity (COPE), posted a marginal gain on its first day of trading on the Bursa Malaysia after raising MYR600 million ($135 million) in its IPO.
The pursuit of Global Logistic Properties (GLP) is a natural consequence of more private capital entering China's transportation and logistics sector - indeed, GLP itself is managing a sizable portion of this capital
India-based Sathguru Management Consultants has launched a $100 million fund to invest in start-ups focused on innovation in the food and agriculture sector.
Shaw Kwei & Partners has agreed to sell YongLe Tape – a Chinese PVC adhesive tape manufacturer that it privatized in 2012 – to Avery Dennison for $190 million, with additional earn-outs of up to $55 million.
Horizons Ventures - an investment firm controlled by Hong Kong billionaire Li Ka-shing - has led a $23 million round for a Chinese business development effort by US-based automotive technology company Divergent 3D.
The International Finance Corporation (IFC), the investment arm of the World Bank, is considering a $10 million investment in Indian logistics company Zinka Logistics Solutions.
Neev Fund, an investment vehicle sponsored by the State Bank of India (SBI), has led a $10 million Series D round for Milk Mantra Dairy.
Fairfax India Holdings has agreed to invest INR2 billion ($30 million) for a 51% stake in domestic logistics company Saurashtra Freight.
Japan-based Polaris Capital has sold its 100% stake in domestic electronics supplier Clean Surface Technology (CST) to coal mining company Mitsui Matsushima for JPY4 billion ($35 million).
KKR has launched its second tender offer in two months for a Japanese listed company, submitting a bid for Hitachi Koki that values the power tools manufacturer at JPY147.1 billion ($1.28 billion).
Stellar Supply Chain Solutions, an Indian logistics company backed by Warburg Pincus, has taken control of refrigerated trucking specialist Kelvin Cold Chain.
Sun Capital Partners has exited Lexington Home Brands, a US-based manufacturer of residential and contract furnishings, to Shenzhen-listed Luolai Lifestyle Technology and Chinese PE firm Yixing Capital.
Mumbai-based logistics services company Leap India has secured about $13 million in a Series B funding round led by new investors IndiaNivesh Growth Fund, Sixth Sense and TCI Ventures.
The Riverside Company and The Silverfern Group, a US-headquartered middle market investment manager that represents a set of family offices, have acquired Australia’s Waste Services Group for an undisclosed sum.
KKR and CDH Investments have agreed to sell HK$1.87 billion ($241.5 million) worth of shares in China Modern Dairy – which will see them fully exit a position they received when selling part of a greenfield cattle farming joint venture to Modern Dairy...
E-Shang Redwood (ESR), a pan-Asian logistics services company backed by Warburg Pincus, has received a $300 million pre-IPO investment from a consortium of Chinese investors.
EMR Capital has agreed to pay $210 million for Golden Grove, a precious metals mine in Western Australia owned by China Minmetals Group (MMG).
Golden Foods Siam was struggling when Navis Capital Partners took it over, but the GP’s willingness to give management the needed tools helped generate a 3.4x return