Focus Media will be privatized next month after shareholders voted in favor of a private equity-backed management buyout that values the company at $3.7 billion. It is the largest buyout transaction ever completed in China.
The NASDAQ-listed advertising company's board in December accepted an offer of $27.50 per American depository share from Jason Jiang, the chairman and CEO, together with The Carlyle Group, FountainVest...
Japanese healthcare technology start-up Ubie has closed its Series C round on JPY6.3bn (USD 43.2m) with the latest tranche featuring PE-owned pharmacy chain operator Sogo Medical.
Specialist food and agriculture investor Proterra Investment Partners has agreed to invest in Aperion Bioenergy, a Singapore-based bioenergy producer that sources used cooking oil for feedstocks.
Dymon Asia Private Equity (DAPE) has closed its third Southeast Asia middle market private equity fund at a hard cap of USD 650m, beating a target of USD 550m.
Gamurs, a Sydney-headquartered media company specialising in gaming, e-sports, and entertainment, has secured USD 12m in Series A funding.