Nobuaki Kurumatani, who has been president of CVC Capital Partners’ Japan operation for less than a year, is departing to become chairman and CEO of Toshiba Corporation.
Toshiba’s board said in a statement that it picked Kurumatani rather than make an internal appointment because the company needs an executive with a proven track record of achievement and a perspective...
The Blackstone Group has agreed to invest $400 million in YiChang HEC Changjiang Pharmaceutical (HEC Pharm), a Chinese drug developer listed in Hong Kong, through a convertible bond issuance.
Silicon Valley-based seed-stage accelerator Y Combinator (YC) has chosen Qi Lu, the former group president and COO of search giant Baidu, as the founding CEO of its China branch, YC China.
Singapore’s Golden Equator has launched an accelerator in Brunei aimed at helping local small to medium-sized enterprises (SME) expand across Southeast Asia.
Clobotics, a China and US-based computer vision start-up backed by a number of venture capital firms, has raised $11 million in Series A funding.