Maoyan Entertainment, a Chinese online movie ticketing business backed by Tencent Holdings and several private equity investors, fell on its trading debut in Hong Kong following a HK$2.25 billion ($287.1 million) IPO.
The company sold 152.2 million shares – including an overallocation of 19.9 million shares that will be used to satisfy the overallotment option, if exercised – for HK$14.80 apiece, the bottom end...
The Blackstone Group has agreed to acquire a majority stake in Indian packaging company Essel Propack (EPL) in a deal that could see the private equity firm pay as much as INR32.1 billion ($461 million).
Indonesia-based online grocery delivery platform HappyFresh has raised a $20 million Series C round led by Mirae Asset Capital and South Korean internet conglomerate Naver.
Abu Dhabi Investment Authority (ADIA) and India’s National Investment & Infrastructure Fund (NIIF) have agreed to acquire a 49% stake in the airport businesses of India’s GVK Power & Infrastructure.
Luckin Coffee, China’s second largest coffee shop chain, which counts Centurium Capital and Joy Capital among its private equity investors, has filed to list in the US.