KV Asia Capital has acquired a controlling stake in TF Value-Mart, a leading hypermarket chain in Malaysia.
VIG Partners – formerly known as Vogo Investment – has agreed to sell the Burger King master franchise for Korea to Affinity Equity Partners, securing an approximately 2.5x return on its investment.
Sequoia Capital is supporting a take-private Chinese online beauty products retailer Jumei International that has been launched by the company’s founders. It values the US-listed business at approximately $1 billion.
Haitong-Fortis Private Equity, a joint venture between Haitong Securities and BNP Paribas Investment Partners, is set to exit Chinese snack food platform Baicaowei to Shenzhen-listed jujube product maker Haoxiangni.
Japanese internet finance group SBI Holdings has committed $30 million to Korean mobile internet platform Yello Mobile.
Sequoia Capital has led a new funding round for Che300.com, a China-based online platform that values second-hand cars.
TPG Capital and The Carlyle Group have jointly acquired a 15.42% voting interest in Australia’s Greencross, although a buyout offer for the listed pet services business was rejected over the weekend.
Chinese online hotel booking site eLong has agreed to buyout led by a consortium of existing shareholders, including Tencent Holdings and Ctrip. The deal values the company at approximately $647 million.
Having spent 20 years at Warburg Pincus, during which he helped set up the firm’s China business, Chang Sun chose agriculture for his next challenge. His start-up, Black Soil, aims to bring consolidation, automation and improved productivity to a sector...
Zhejiang Haers Vacuum Containers, a Chinese stainless vacuum container manufacturer, has agreed to pay The Riverside Company CHF16.1 million ($16.6 million) in cash for Swiss bottle maker SIGG.
An Australian parliamentary committee will launch an inquiry into the collapse of listed domestic retailers following the demise of Dick Smith Electronics, which was previously owned by Anchorage Capital Partners.
Emerging markets property portal Lamudi has raised EUR29 million ($31.4 million) from its main backer, Germany's Rocket Internet, and several additional investors.
Chang Sun, the former Asia managing director at Warburg Pincus who co-founded Chinese agriculture start-up Black Soil, has delayed plans to raise a $1 billion PE fund and will instead focus on individual deals.
New York-based adaptive learning system developer Knewton has raised $52 million from a consortium of investors including EDBI - the corporate VC arm of Singapore's Economic Development Board - and Chinese education company TAL Education Group.
Apax Partners and other shareholders in Tommy Hilfiger Asia (TH Asia) have agreed to sell their remaining stake in the company to Philips-Van Heusen Corp (PVH), owner of the Tommy Hilfiger parent corporation, for about $172 million.
China Merchants Bank has led a $102 million Series C round of funding for Boqii.com, a Chinese social network and e-commerce platform for pet owners.
Partners Group has bought a controlling stake in Australian early childhood education provider Guardian Early Learning Group from Navis Capital Partners at a post-deal valuation of A$440 million ($313 million)
Venturra Capital has led a $12 million Series A round for Malaysia-based gym membership app KFit.
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has agreed to buy 29.55% of Hong Kong-listed sportswear manufacturer Meike Holdings.
Alibaba Group has confirmed it will exit Meituan, the China-based online-to-offline (O2O) services provider that agreed to merge with rival Dianping last year, in order to focus on its own platform.
KKR has fully exited Vietnam’s Masan Consumer Corp. (MCC), generating a more than 2x return on a $359 million investment made across two tranches in 2011 and 2013.
Australia-based pet services business Greencross has confirmed it received and rejected a buyout offer from TPG Capital worth around A$720 million ($507 million).
Hony Capital has agreed to invest an additional RMB599 million ($91 million) hotel operator Shanghai Jinjiang International alongside other financial and strategic investors.
China Merchants Bank (CMB) has agreed to invest in Chinese ride-hailing app Didi Kuaidi, and to create a strategic partnership with the company as well.