Chinese outbound direct investment (ODI) reached $73 billion during the first three quarters of 2013, with the amount of capital deployed in North America rising nearly three-fold on a year-on-year...
Greater China | 04 Dec 2013 |
Private equity firms are exploring various strategies to help Chinese companies expand overseas. Bolt-on acquisitions are a proven approach in some markets, but that doesn’t mean they work for corporate China
Buyouts | 04 Dec 2013 |
Shenzhen-listed film and television producer Huace Media has picked up a 20% stake in Herun Media, a Beijing-based marketing specialist backed by several domestic VCs, for RMB104 million ($17 million).
Greater China | 03 Dec 2013 |
Hitachi will acquire all issued equity of India’s Prizm Payment Services from Sequoia Capital, Axis Bank and other shareholders. Financial terms of the deal were not disclosed.
South Asia | 27 Nov 2013 |
KKR-held Australian mining logistics company Bis Industries is to acquire mining haulage systems operator Powertrans for A$30 million ($27.46 million).
Australasia | 26 Nov 2013 |
Study Group, an education services provider owned by Providence Equity Partners, has acquired ANU College from Australian National University. Financial details were not disclosed.
Buyout | 25 Nov 2013 |
China e-commerce conglomerate Alibaba Group has purchased Umeng, a Beijing-based mobile app analytics service provider incubated by Innovation Works.
Greater China | 20 Nov 2013 |
Tethys Petroleum, a Central Asia and Caspian region-focused oil and gas producer, has agreed to sell half of its Kazakhstan oil and gas assets to Sino Oil and Gas Investment (SinoHan), a subsidiary owned by Beijing-based HanHong Private Equity Group....
Central Asia | 04 Nov 2013 |
Hony Capital and home appliance retailer Suning Commerce - also one of the PE firm's portfolio companies - will buy a controlling interest in Chinese online TV provider PPTV for $420 million. The deal, which values PPTV at approximately $568 million,...
Greater China | 29 Oct 2013 |
India’s e-commerce sector is in the midst of consolidation. VC money continues to flow to the larger players but even they are examining their business models in a climate of higher operating costs
Technology | 23 Oct 2013 |
People.cn, a Chinese online newspaper run by state-owned People’s Daily, intends to purchase a 69.25% stake in Kanshu.com, an online book reading platform backed by Sequoia Capital, for RMB249 million ($40.8 million).
Greater China | 16 Oct 2013 |
StepStone Group has merged with secondaries specialist Greenpark Capital. The widely-anticipated transaction has been confirmed, but a spokesperson declined to give more information on how it was structured, citing confidentiality requirements.
Buyouts | 10 Oct 2013 |
Alibaba Group has agreed to buy Kanbox, a Chinese cloud storage service provider backed by Susquehanna Asia Investment and DCM. The value of the deal was not disclosed.
Greater China | 26 Sep 2013 |
Endurance International Group, a US-based web hosting services provider controlled by Warburg Pincus and Goldman Sachs, has agreed to buy Indian online services firm Directi Web Technology for up to $110 million.
Buyouts | 12 Sep 2013 |
The Committee on Foreign Investment in the United States (CFIUS) has cleared the way for PE-backed Chinese pork producer Shuanghui International to buy US counterpart Smithfield Foods, overcoming one of the biggest hurdles to the $4.7 billion deal.
Greater China | 09 Sep 2013 |
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India's private equity industry is in a state of transition, and only funds that are nimble on their feet and adaptive will ultimately survive. Find out what you need to navigate India's changing landscape at the 14th Annual AVCJ Private Equity & Venture India Forum on 5-6 December. Last year's Forum was attended by more than 250 top executives coming from 15 different countries and territories around the globe. Over 50 LPs joined the event, including dozens of foreign investors looking to increase their allocations to India or to invest in the country for the very first time. The conference featured in-depth analysis about India's private equity industry with sessions that covered topics ranging from confronting the difficult exit and fundraising environment, to understanding regulatory changes, to predicting where the industry will likely be in 2015.
Date: 5-6 December 2013
Venue: Tal Lands End, Mumbai
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.
, Four Seasons Hotel, Sydney