DCP Capital Partners has enlarged the consortium seeking to acquire Chinese online recruitment services platform 51job with the addition of Ocean Link Capital and the target company’s CEO.
The private equity firm submitted an offer of $79.05 per American Depository Share (ADS) – valuing 51job at $5.6 billion – in September 2020. The price, which represents a 16.05% premium to the September...
China’s MSA Capital has joined a $30.5 million round for Saudi Arabian B2B services marketplace Sary as part of a deepening Asia-Middle East agenda.
Huoban.com, a Chinese zero-code application building platform has raised $17 million in Series B funding led by 5Y Capital and Sequoia Capital China. Challenjers Capital also took part in the round.
Apollo Management has submitted a A$4 billion ($3.1 billion) bid for the wagering and media and gaming services businesses of Tabcorp Holdings, Australia’s largest gambling company.
David Swensen, head of the Yale University endowment who pioneered a new approach to institutional investment management, has died aged 67 following a long battle with cancer.