Goldman trying to exit holdings in Primo Japan
Goldman Sachs appears to be looking for buyers for its holdings in Primo Japan Inc., a Japanese retailer of diamond rings, in a prospective deal which could fetch as much as JPY10 billion ($118 million).
Goldman's Asia Special Situations Group, a team it formed to acquire distressed and debt-burdened businesses, picked up a 67% stake in Primo Japan in 2007, one year after it took 86% of felt pen nib maker...
More on Exits
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
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.