MBK Partners has followed up its purchase of a significant minority stake in car rental business China Auto Rental (CAR) with a take-private offer that values the company at HK$8.56 billion ($1.1 billion).
The private equity firm is proposing to acquire all outstanding shares in Hong Kong-listed CAR for HK$4.00 apiece and cancel options worth HK$72 million, according to a filing. Should currently unvested...
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.