Chinese private equity firm Principle Capital has agreed to buy the printed circuit board (PCB) business of Israel-based semiconductor component manufacturer Camtek for $35 million.
Camtek said in a filing that Principle would pay $32 million upon closing – expected in the third quarter of 2017 – with a further $3 million conditional on the unit’s future business performance....
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.