KKR has made a partial exit from China International Capital Corporation (CICC) – the Chinese investment bank in which it acquired a minority stake in 2010 – generating proceeds of HK$1.52 billion ($194.5 million).
The GP sold approximately 74.2 million shares on November 14 and a further 16.2 million the following day for an average price of HK$16.82 per share, according to a disclosure. Its interest in CICC’s...
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
QuantaSing Group, a Chinese adult tuition platform that spun out from wealth management and investment education business Erwan Technology, has traded relatively flat following a USD 41m IPO on NASDAQ.
MBK Partners and Unison Capital Korea have launched a tender offer for Osstem Implant, a Korea-based manufacturer of dental implants, that values the company at approximately KRW 2.85trn (USD 2.3bn).
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.