Actis commits $180m to China data center business
Actis has invested $64 million in Chinese data center operator Chayora and plans to commit up to $180 million to the company as part of a Series C funding round.
Numerous private equity investors are focusing on data center development in China, with Bain Capital and GIC Private among those to embark on buy-and-build plans in the country recently. These investments...
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Chinese investors sell international assets of condom maker LifeStyles
A Chinese investor group featuring several private equity firms has sold the non-China assets of LifeStyles Healthcare, a global sexual health and wellness platform best known for the Lifestyles condom brand, to US-based Linden Capital Partners.
Carlyle set to buy stake in Taiwan sushi chain
The Carlyle Group has applied for regulatory approval to acquire a 26% stake in Taiwan-based sushi chain Zhengxian, also known as Sushi Express.
FWD, Artem launch Malaysia insurtech fund
Hong Kong-based insurer FWD Group and Malaysia’s Artem Ventures have set up a MYR 45m (USD 10.2m) VC fund focused on insurance technology and Islamic financial technology in Malaysia.
India agtech start-up DeHaat closes Series E on $60m
DeHaat, which claims to be India’s largest full-stack agricultural technology platform, has closed its Series E round on USD 60m. Sofina and Temasek Holdings were the lead investors.