VC-backed Indian online shopping company Flipkart has acquired fashion retailer Myntra as competition intensifies in the country's e-commerce market.
Exits | 23 May 2014 |
TPG Capital has closed its sixth pan-Asia fund at $3.3 billion after more than two years in the market.
Fundraising | 23 May 2014 |
Everstone Capital, an India- and Southeast Asia-focused PE firm, has agreed to buy a majority stake in the Indonesia franchise for Domino’s Pizza from domestic retailer Mitra Adiperkasa (MAP).
Consumer | 22 May 2014 |
CVC Capital Partners has agreed to buy Hong Kong-based serviced office provider The Executive Centre (TEC) from Headland Capital Partners for an undisclosed sum.
Greater China | 21 May 2014 |
Australia's Treasury Wine Estates (TWE) – owner of brands such as Penfolds, Rosemount Estate and Wolf Blass – has rejected a A$3.05 billion ($2.85 billion) buyout offer from KKR, saying it doesn’t reflect the full value of the company.
Buyouts | 21 May 2014 |
Antivirus software developer Qihoo360 Technology isn't the first strategic investor to hold talks with MediaV. Several Chinese internet giants, including Tencent Holdings and online retailer JD.com, had pitched the advertising and digital marketing firm...
Technology | 21 May 2014 |
The story of private equity in Asia is largely one of rising fund sizes and ever larger equity checks. The Riverside Company plans on staying small - a segment it has occupied globally for over 25 years. The mid-market buyout player sees a huge opportunity...
Fundraising | 21 May 2014 |
KKR is said to be in advanced talks to buy Goodpack, the world’s largest manufacturer of intermediate bulk containers. The Singapore-listed company has a market capitalization of around S$1.3 billion ($1.1 billion).
Buyouts | 20 May 2014 |
Next Capital has agreed to exit its stake in Fuji Medical Instruments (Fujiiryoki), a Japanese manufacturer of massage chairs and other health-related products, to Asahi Holdings for JPY7.8 billion ($76.7 million).
North Asia | 20 May 2014 |
CVC Capital Partners has announced a final close on its fourth pan-Asian fund at the hard cap of $3.5 billion. The vehicle has spent just under a year in the market, having launched in June 2013 with a target of around $3 billion.
Fundraising | 19 May 2014 |
TPG is said to have emerged as the sole final bidder for DTZ, the property services arm of Australian engineering and property management company UGL.
Australasia | 19 May 2014 |
Chinese conglomerate Fosun Group has bought Tokyo-based real estate management firm IDERA Capital Management from Japanese private equity firm Unison Capital. Financial terms were not disclosed.
Greater China | 16 May 2014 |
Global mid-market buyout firm Riverside has reached a final close of $235 million on its second Asia fund - Riverside Asia-Pacific Fund II (RAF II), 57% above its original target of $150 million.
Fundraising | 15 May 2014 |
TA Associates-owned SpeedCast has made its third bolt-on acquisition in Australia in 18 months, purchasing a fixed and mobile satellite solutions provider SatComms Australia for an undisclosed sum.
Australasia | 14 May 2014 |
One in every three people in Singapore will be aged 65-plus by 2050, based on current birth rates and without an influx of youthful migrants. The country’s median age will rise to 55, up from the current level of 39. Just over the next seven years,...
Buyouts | 14 May 2014 |
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28 August 2014, Four Seasons Hotel, Singapore
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11 September 2014, The Westin Chosun Hotel, Seoul