Japanese electronics retailer Nojima has agreed to acquire a 100% stake in mobile phone retailer ITX from Japan Industrial Partners (JIP) for JPY51.3 billion ($433 million).
North Asia | 20 Nov 2014 |
EHi Car Services, a Shanghai-based car rental company backed by a string of VC investors, has raised $120 million through an IPO on the New York Stock Exchange (NYSE).
Technology | 19 Nov 2014 |
Quadrant Private Equity will exit as much as half of its stake in Estia Health as the Australian aged care provider seeks to raise up to A$834 million ($726 million) through an IPO. The private equity firm bought the business in October 2013.
Exits | 19 Nov 2014 |
Gumi, the VC-backed Japanese game developer, has filed for its Tokyo IPO, which could value the company at JPY100 billion ($900 million).
North Asia | 18 Nov 2014 |
Asahi has received NZ$220 million ($175 million) from Pacific Equity Partners (PEP) and Unitas Capital in a settlement that brings to a close their dispute over the sale of New Zealand beverage producer Independent Liquor.
Consumer | 18 Nov 2014 |
CITIC Capital Partners has exited Japan's Higashiyama Film, a maker of coated films for touch screens and flat panel displays, to Otsuka Chemical.
Technology | 18 Nov 2014 |
Baring Private Equity Asia has agreed to buy Japan-based Bushu Pharmaceuticals from Tokio Marine Capital at an enterprise valuation of JPY77.3 billion ($670 million).
Exits | 17 Nov 2014 |
TPG Capital-owned Australian poultry producer Inghams Enterprises has sold 31 properties to W.P. Carey, a US-based real estate investment trust, for A$157 million ($138 million).
Australasia | 17 Nov 2014 |
Sky Solar Holdings, a Hong Kong-based independent power producer (IPP) backed by IDG-Accel China Capital, has raised $44.2 million through a US IPO after scaling back the size and pricing of the offering.
Cleantech | 17 Nov 2014 |
North Asia-focused buyout firm MBK Partners has exited Japanese accounting software firm Yayoi to Orix Corp. for JPY80 billion ($692 million).
North Asia | 14 Nov 2014 |
Shares in APN Outdoor - the Australian billboard advertising business backed by Quadrant Private Equity - jumped as much as 8.6% as the company debuted on the Australian Securities Exchange (ASX).
Exits | 14 Nov 2014 |
Cathay Life Insurance, Taiwan’s largest insurer, has agreed to buy Conning Holdings, an asset manager owned by US private equity firm Aquiline Capital Partners, for $240 million.
Greater China | 14 Nov 2014 |
Silver Lake’s 2.2% stake in Alibaba Group is worth more than $6 billion at current market prices, but internal approval for the original investment in the Chinese e-commerce player in 2011 did not come easily.
Exits | 13 Nov 2014 |
Bain Capital has completed a second partial exit in five months from Indian motorcycle manufacturer Hero MotorCorp, raising INR24.5 billion ($400 million).
Exits | 10 Nov 2014 |
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As investor's confidence in the domestic economy is restored, Taiwan's private equity sector players are anticipating a long-awaited upswing in activity, especially with a more transparent and open regulatory environment to revive growth. Positive signals from the government include the new M&A regulation, which will add on protection of minority shareholders upon its launch. The National Development Fund has also injected billions of cash into local funds in an effort to support industrial innovation.
20 November 2014, The Westin Hotel, Taipei
With the empathic and historic victory of Narendra Modi at the recent elections in India, the market confidence has improved significantly. Until recently, India was mentioned in financial markets only in a negative light given the enormous potential and lack of delivery. Difficulties in exiting, arbitrary taxation and poor governance are just some of the chronic problems deterring investors.
Discover what repercussions the latest political developments will have on the private equity industry, the outlook for the next wave of fundraising, where GPs expect to source exits and the best way forward for existing and potential investors.
2-3 December 2014, Taj Lands End Hotel, Mumbai