KKR has fully exited its remaining 11.8% stake in car dealership China Rundong Auto Group for HK$395 million ($50.7 million), ending a seven-year association that included an IPO in Hong Kong in 2014.
The private equity firm offloaded 112 million shares via a public market sell-down at an average price of HK$3.53 apiece, according to a filing. This follows the sale of 168 million convertible preference...
GoTo’s rocky start on the Indonesia Stock Exchange betrays the pioneering nature of the listing and cements a legacy as an ecosystem lynchpin. Long-time backer Openspace Ventures reflects
New Zealand hydrogen and zero-emission technologies developer Fabrum has raised a NZD 23m (USD 14.5m) Series A round led by UK-based AP Ventures.
Japanese corporate contact and recruitment database provider Baseconnect has raised a JPY 5.4bn (USD 41m) Series B round led by Z Venture Capital (ZVC), formerly YJ Capital.
Iwasaki Electric, a Japanese lighting solutions provider that has worked on projects ranging from sports stadiums to hospitals, is set to be acquired by The Carlyle Group through a tender offer at a valuation of JPY 34.9bn (USD 266m).