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).
According to a regulatory filing, Blackstone will initially pay INR21.6 billion for a 51% stake in EPL from its chairman and managing director Ashok Goel, for INR134 per share, a slight premium to the...
CITIC Capital has participated in a JPY3.6 billion ($34.1 million) funding round for Active Sonar, operator of Reclo, a Japanese online re-selling platform for luxury brands.
Should the private equity industry's efforts to redress its gender balance extend to selling students on the asset class as a fulfilling, long-term career option?
Fosun Group has agreed to invest RMB130 million ($18.4 million) in Pet Doctor, a Chinese one-stop pet services platform that supplies everything from software for pet hospitals to consultations for pet owners.
Japan Post Investment Corporation (JPIC) has backed a $33 million Series C round for Atonarp, a Tokyo-based molecular diagnostics systems developer that uses artificial intelligence (AI).