MBK Partners has agreed to invest HK$1.8 billion ($228.3 million) in Hong Kong-listed China Auto Rental (CAR), taking a 20.9% stake.
The private equity firm will acquire around 442.6 million shares from chauffeured car service provider Ucar at a price of HK$4.00 apiece, according to a filing. Chinese carmaker BAIC Group agreed to purchase...
Swapping a traditional fund for a less familiar corporate vehicle represented a gamble for Equis, but the Asian infrastructure manager was confident its approach would make sense to a subset of investors
Taiwan’s technology sector must play an awkward balancing game amid US-China tensions. This could be a surprisingly favorable position for opportunistic investment and global diversifications
Chinese eye disease specialist Elumninex Biosciences has raised a $50 million Series A round led by GL Ventures, Lilly Asia Ventures (LAV), and Quan Capital.
Anacacia Capital has acquired a controlling stake in Pump Haircare, an Australian organic hair products brand that is looking to further expand its online distribution channels.