Hong Kong's AID Partners buys Israel's GeneSort
Hong Kong-listed private equity firm AID Partners has acquired Israel-based molecular diagnostics company GeneSort for $23 million.
According to a regulatory filing, AID will make the purchase through its wholly-owned subsidiary Honour Best Holdings that in turn will create a special-purpose vehicle to buy a 100% stake in GeneSort....
More on MENA
Latest News
PAI Capital invests $212m in Chinese video display business
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.
VinaCapital completes exit from Vietnam dairy producer
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
China Resources consortium buys Hong Kong’s City Super
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.
India used car platform Spinny acquires rival Truebil
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.