The Blackstone Group will buy the panel repair business of Australia-listed automobile aftercare services and accessories provider AMA Group for an enterprise valuation of A$508 million ($396 million).
AMA shareholders can either sell their shares for A$0.86 apiece in cash or for a combination of cash and shares in the private equity firm’s acquisition vehicle, according to a filing. The mixed option...
Chinese growth capital private equity firm Maison Capital has closed its first US dollar-denominated fund at $200 million.
There will be no AVCJ bulletin on September 25 due to a public holiday in Hong Kong marking the Mid-Autumn Festival.
Hanon Systems, an auto parts manufacturer owned by Hahn & Company and formerly known as Halla Visteon Climate Control, has agreed a $1.23 billion bolt-on acquisition of Magna International’s fluid pressure and controls business.
The Australian Private Equity & Venture Capital Association (AVCAL) – which will be known as the Australian Investment Council from next year – has appointed its first chairperson from the local institutional investor community.