Bain Capital Private Equity has completed its tender offer for Japanese advertising agency Asatsu-DK (ADK), acquiring a majority stake in a deal that values the company at JPY153 billion ($1.3 billion).
According to a filing, 36 million shares in ADK, representing an 87% stake, were tendered to Bain for JPY3,660 each. After acquiring the company, Bain plans to delist it and proceed with significant changes...
Singapore’s GIC Private and Sequoia Capital China have invested a combined $40 million in Korean financial technology company Viva Republica.
Japanese corporate pension funds are looking to increase their allocations to infrastructure, but they value the opportunity to visit managers before committing capital.
Nazrin Hassan, CEO of Cradle Fund, died on June 14 due to blast injuries incurred when his mobile phone exploded, the Malaysian venture capital firm has confirmed.