KKR and Morgan Stanley sell stakes in Orient Corp. to Mizuho
US buyout firm Kohlberg Kravis Roberts & Co. (KKR) and US investment bank Morgan Stanley have sold JPY 30 billion ($369 million) worth shares in Japanese consumer lender Orient Corporation to Mizuho Financial Group.
A statement issued by Mizuho said the firm would buy 19.7 million shares from KKR and 30.6 million shares from Morgan Stanley. In 2007, Orient Corporation issued JPY 290 billion ($3.56 billion) worth...
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.