Investments
Primavera, Shanghai Pharma to buy Australia's Vitaco
Primavera Capital and Shanghai Pharmaceuticals have agreed to buy Australia-listed nutrition and healthcare products company Vitaco for approximately A$313 million ($238 million).
Warburg Pincus commits $125m to India logistics start-up
Warburg Pincus has agreed to invest up to $125 million in an India-based supply chain services start-up founded by Anshuman Singh, who previously spent nine years as head of Future Supply Chain Solutions.
Deal focus: VCs back Japan's fintech underdog
As Japan's traditional financial institutions take time to address demand for online payment services, start-ups are trying to corner the market. Exchange Corporation's Series B round is intended to make sure it is one of them
HTC VR accelerator adds 8 VC funds, backs 33 companies
Vive X, the accelerator program for virtual reality (VR) start-ups backed by Taiwan-based hardware developer HTC, has added eight VC funds to its backers, and announced the first 33 companies to receive its support.
CMC invests in China sports data provider Cubee
CMC Holdings, an investment platform launched by Ruigang Li, founder of media-focused PE firm CMC Capital Partners, has invested in a Series B round of funding for Cubee.com, a Chinese online sports data and content provider.
Deal focus: Partners Group sees sun rising on Taiwan solar
With significant policy support for the sector, Partners Group thinks its investment in Formosa Solar could be the first of numerous sizeable deals in Taiwan renewables
Local PE funds back $1.1b take-private for China's Trina Solar
China-based solar cell manufacturer Trina Solar has agreed a $1.1 billion take-private deal with a consortium comprising its chairman and CEO as well as several domestic private equity funds.
Ride-hailing app Didi Chuxing to acquire Uber China
Didi Chuxing, the leading ride-hailing app operator in China, has announced that it will acquire Uber's local operation, ending a costly battle between the two unprofitable businesses. Both companies have received substantial private equity and strategic...
Marubeni-owned iSigma buys Japan's Kyosemi
ISigma, a mid-size buyout firm controlled by Japanese trading and investment conglomerate Marubeni, has acquired domestic semiconductor equipment manufacturer Kyosemi Corporation.
Sequoia leads $12m round for India's Healthkart
Sequoia Capital India has led an INR800 million ($12 million) Series E round of funding for Indian online health products vendor Healthkart.
Singapore's Carousell gets $35m Series B round
Rakuten Ventures, a corporate VC arm of Japanese e-commerce giant Rakuten, has led a $35 million Series B round of funding for Singaporean online flea market shopping app operator Carousell.
PE-backed Chinese consortium buys Caesars games business for $4.4b
Yunfeng Capital, Hony Capital and CDH Investments' wealth management platform are part of a consortium that has agreed to buy Caesars Interactive Entertainment’s (CIE) social and mobile games business for $4.4 billion in cash.
Chinese regulator to ban domestic VC firms from investing in A-shares
The Chinese government is considering new policies that could ban VC firms from investing in A-share listed companies, a senior official from the China Securities Regulatory Commission (CSRC) told an industry conference.
MPM Capital forms VC fund with Japan's Astellas Pharma
MPM Capital, a US venture firm focused on early-stage life science companies, has launched a new investment vehicle in partnership with Japanese pharmaceutical company Astellas Pharma.
The Chatterjee Group buys Mitsubishi India unit for $48m
US-based private equity firm The Chatterjee Group has agreed to pay about $48 million for a 90% stake in an Indian unit of Mitsubishi Chemical Corporation (MCC).
Japan Industrial Partners buys Narumiya from SBI
Japan Industrial Partners (JIP) has acquired children’s clothing retailer Narumiya International from SBI Holdings for an undisclosed sum.
WiL leads $10.6m round for Japan's Retty
World Innovation Lab (WiL) has led a JPY1.1 billion ($10.6 million) investment in Japanese social media-oriented restaurant guide operator Retty.
Deal Focus: L Capital taps Korea's cultural clout
Clio Cosmetics hopes to leverage Korea's entertainment appeal throughout Asia
US-based Wonder Workshop raises $20m for China push
Wonder Workshop, the children's robotics manufacturer that recently agreed a distribution partnership with Chinese online retailer JD.com, has raised a $20 million Series B round to support further expansion in China.
Malaysia's Ekuinas invests $16.9m in domestic sports retailer
Ekuinas, a private equity firm backed by the Malaysian government, has acquired a 35% interest in Al-Ikhsan Sports, the country’s leading sportswear retailer, for MYR68.6 million ($16.9 million).
Japan analytics platform Abeja gets $5m
Japanese corporate analytics platform Abeja has raised a JPY530 million ($5 million) Series B round from Innovation Corporation of Japan (INCJ) and Archetype Ventures.
INCJ leads $16m investment in Japan's Atonarp
Innovation Network Corporation of Japan (INCJ) has led a $16 million funding round for Tokyo-based chemical sensor developer Atonarp.
Deal Focus: IvyCap sees upside in India's online jewels
Bluestone's work to reshape India's jewelry industry and change customers' attitudes appeals to the domestic VC firm
IDG-backed Chinese group agrees buyout from Germany's Osram
IDG Capital partners has led a consortium to buy Ledvance, the lamps business of German lighting manufacturer Osram, for more than EUR400 million ($440 million).