Providence Equity Partners has acquired a 50% interest in home-shopping channel Star CJ Network India from Star Group. The business is a joint venture with Korea-based CJ O Shopping.
The size of the transaction is said to be in excess of $50 million. CJ O Shopping will retain its interest in the venture. The joint venture was set up in 2009 and currently operates Star CJ Alive, a...
Hitachi has agreed to sell its Japan-based radiation measurement devices and industrial x-ray CT devices businesses to local private equity firm Nippon Mirae Capital.
MBK Partners has agreed to buy five ocean theme parks in China – four operational and one under construction – from Hong Kong-listed Haichang Ocean Park Holdings for RMB6.53 billion ($1.01 billion).
Trustar Capital, formerly known as CITIC Capital Partners, has invested an undisclosed sum in Intramco, a Europe-based manufacturer of components used in electric vehicle (EV) charging.
Vitalbridge Capital, a China-based venture capital firm that spun out from Trustbridge Partners, has raised $275 million for its second US dollar-denominated fund.