Brookfield Asset Management has agreed to buy the Westinghouse nuclear power unit from Japan’s Toshiba Corporation in a deal worth approximately $4.6 billion.
Westinghouse filed for bankruptcy in March of last year after project delays resulted in a series of write-downs. The scale of the problems threatened Toshiba itself, causing the company’s net losses...
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.