
PE investors near deal for China NPL manager Huarong - report
A group of private investors is nearing a $2 billion deal for a minority stake in China Huarong Asset Management, one of four groups tasked with managing non-performing loans (NPLs) from state-owned banks.
According to Reuters, the consortium includes Goldman Sachs, Warburg Pincus, Malaysia's Khazanah Nasional, CITIC Group, China International Capital Corp. (CICC), Fosun Group and COFCO Corporation. An agreement...
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Singapore fintech start-up LXA gets $10m seed round
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Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.