The Rohatyn Group (TRG) has agreed to exit BHC Group, a South Korean fried chicken restaurant franchisor, by selling the business back to its founder.
NH Investment & Securities is providing debt financing for the deal, while MBK Partners’ credit and special situations unit will cover the mezzanine tranche, according to a source familiar with the situation....
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.