Buyouts
Portfolio: Morgan Stanley Private Equity Asia and AMTD
Hong Kong-based financial advisor AMTD wants to meet the needs of mainland investors looking to access international markets. Morgan Stanley Private Equity Asia is helping the firm best position itself
Australia's Anchorage agrees $150m Affinity Education deal
Anchorage Capital Partners has agreed to buy Affinity Education for A$208.3 million ($150 million) after the Australian Securities Exchange-listed company spurned a rival offer from G8 Education.
China's Qihoo to acquire HK-listed Vision Values
Chinese internet security software provider Qihoo360 Technology, which recently received a take-private offer from its management and VC investors, intends to acquire a majority stake in Hong Kong-listed Vision Values. It is suggested Qihoo might seek...
TPG's Ben Gray to start his own PE firm
Ben Gray, managing partner at TPG Capital, is preparing to set up his own private equity firm focused on investment opportunities in Australia.
India's VC-backed Mobikon buys Singapore's Trii.be
Indian customer engagement and marketing platform Mobikon, which is backed by Jungle Ventures, has bought Singapore's feedback management start-up Trii.be.
GIC supports Carlyle's $8b Veritas acquisition
Singapore's GIC Private has joined The Carlyle Group in its $8 billion acquisition of Silicon Valley-based Veritas, the information management unit of US tech giant Symantec.
ChrysCapital invests $63m in US IT consulting firm Infogain
ChrysCapital has invested $63 million in Infogain, an Silicon Valley-based IT consulting firm, in exchange for a majority stake in the business.
Chinese investors acquire Japan's SNK Playmore for $63.5m
Shenzhen-listed gaming firm Wuhu Shunrong Sanqi Interactive Entertainment and brokerage Orient Securities have acquired Japanese video game publisher SNK Playmore for $63.5 million.
Nanjing Xinjiekou to buy KKR-backed China Cord Blood
Shanghai-listed Nanjing Xinjiekou Department Store has made a bid to acquire China Cord Blood Corporation (CCBC), a US-listed blood bank operator backed by KKR, for about RMB6 billion ($966 million).
Carlyle, Huo's Group buy Shell stake in Chinese lubricant firm
The Carlyle Group, together with Chinese conglomerate Huo's Group, has bought Shell Oil's 75% stake in Tongyi Lubricants. The financial details were not disclosed.
EQT exits Singapore's Classic Fine Foods to German retail group
EQT Partners has exited Singapore-based food service company Classic Fine Foods (CFF) to the listed German retailing company Metro Group in a deal valuing the company at $290 million.
Deal focus: CNS promises PE watershed in Taiwan
Most PE investors have secured profitable exits from Taiwan’s cable television industry. Now MBK Partners has joined the club, although like some of the others, the path to liquidity has not been smooth.
Tencent backs take-private for China travel site eLong
Tencent Holdings has offered to buy Chinese online hotel booking site eLong - which it holds a 15% stake - and privatize the NASDAQ-listed company.
Riverside invests in Australia's IPAR Rehabilitation
The Riverside Company has acquired in IPAR Rehabilitation, an Australia-based provider of injury prevention and management and rehabilitation services that minimize the impact of workplace injury and illness.
BNP Paribas to acquire PE-backed Sharekhan
French bank BNP Paribas has agreed to acquire Indian retail brokerage Sharekhan from its private equity backers.
MSPEA, Far EasTone to buy Taiwan's CNS from MBK
Morgan Stanley Private Equity Asia (MSPEA) and Far EasTone Telecommunications have agreed to buy Taiwan-based cable television provider China Network Systems (CNS) from MBK Partners.
Tata Capital joins consortium buying Blackstone's Agile stake
A consortium comprising Igarashi Electric Works (IEW), Mape Securities and Tata Capital Growth Fund I have bought The Blackstone Group’s 97.9% stake in Agile Electric, India’s leading electric motor manufacturer.
India's VC-backed Jugnoo buys ride hailing app BookMyCab
Indian autorickshaw-hailing start-up Jugnoo, a portfolio company of Snow Leopard Technology Ventures, has bought taxi aggregator BookMyCab for an undisclosed sum.
Tsinghua Unigroup engineers Xueda Education re-listing in Shenzhen
Xueda Education Group, a Chinese tutoring services provider, has agreed to be privatized by Xiamen Insight Investment, a Shenzhen-listed shell company controlled by Tsinghua Unigroup, for approximately $368.8 million. Xueda will leave the New York Stock...
China Minsheng Investment to acquire Sirius for $2.2b
Bermuda-based White Mountains Insurance Group has agreed to sell its subsidiary Sirius International Insurance Group to China Mingsheng Investment (CMI) for $2.2 billion.
Allegro buys controlling stake in New Zealand's Carpet Court
Australasia distress specialist Allegro Funds has announced the third investment from its second fund with the acquisition of a controlling stake in Carpet Court, a New Zealand-based flooring retailer.
GSR, Go Scale raise $1b for M&A fund, seek to deploy $5b – update
GSR Capital and its affiliate Go Scale Capital has raised $1 billion for a cross-border buyout and M&A fund, which it hopes will translate into $5 billion worth of dry powder once debt financing and co-investment are factored in.
Carlyle registers $775m for third Japan fund
The Carlyle Group has registered just over $775 million for its third Japan fund - Carlyle Japan Partners III.
VIDEO: Shaw Kwei & Partners' Kyle Shaw
The competitive environment for private equity deals in Asia is less intense than at any time in the last 10 years as players investing before the global financial crisis have pared back their activity, says Kyle Shaw, founder and managing director at...