Ku Dé Ta Group, the Singapore luxury restaurant and club chain controlled by L Capital Asia, has has re-branded as Ce La Vi after losing a legal battle over naming rights.
L Capital Asia, which is backed by luxury goods conglomerate LVMH, bought a 51% stake in Ku Dé Ta in March 2014. The naming dispute - between Ku Dé Ta and a beachfront club in Bali with the same name...
PAI Capital, a Hong Kong and London-based asset manager that primarily caters to high net worth individuals (HNWIs), has paid RMB1.45 billion ($212 million) for a 24.22% stake in Vtron Group, a Shenzhen-listed video display systems manufacturer.
Vietnam’s VinaCapital and Japan’s Daiwa PI Partners have sold the remainder of their interest in Vietnamese dairy producer International Dairy Products (IDP).
A consortium led by China Resources Capital (CR Capital) has agreed to acquire a 65% stake in Hong Kong retail and supermarket operator City Super Group.
Indian online used car marketplace Spinny has acquired local counterpart Truebil, setting up several venture capital exits.