KV Asia Capital has exited its 100% interest in Singaporean nursing home services provider Orange Valley Healthcare to a local media company for about S$164 million ($117.5 million).
The private equity firm acquired Orange Valley in 2014 for an undisclosed sum. According to a statement from the buyer, Singapore Press Holdings (SPH), the company’s net asset value was S$71 million...
HESTA has acquired a A$120 million ($85 million) equity stake in Australian enterprise software and IT services provider Citadel, following its merger with medical practice software specialist Genie Solutions.
CVC Capital Partners has agreed to sell Malaysia-based snack foods producer Munchy Food Industries to Universal Robina Corporation (URC) – a branded consumer food and beverage business in the Philippines – for MYR1.93 billion ($454 million).
There is not enough capital in Asia to address the number of secondary opportunities – mirroring the situation globally – with investors claiming to have more transaction choices than ever before.
Moore Threads, a Chinese chip designer established 13 months ago by a team from Nvidia, has closed Series A at RMB2 billion ($313 million) led by Shanghai Guosheng Capital, 5Y Capital, and a BOC International fund.