Vistra, a Hong Kong-based corporate services provider owned by Baring Private Equity Asia, has acquired Indian professional services group Ujwal Management Services.
Financial details of the transaction were not disclosed. The deal represented a sharpening India focus for Vistra as the company's second acquisition in the country this year. "Ujwal has the expertise,...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs) has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.