PEP considering Tegel Foods sale
Pacific Equity Partners is apparently considering strategic options for investee poultry producer Tegel Foods, including a divestment of shares, industry sources said, adding that the deal value could be worth more than A$600 million ($535 million).
The leading Australian buyout firm bought Tegel Foods from American food giant Heinz in December 2005 via an MBO. The deal size was not disclosed, but sources said that it was around $300 million. PEP...
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.