Investments

Khazanah wins Parkway

Malaysian SWF Khazanah Nasional has reportedly won the battle with Fortis Healthcare for control of Singapore hospital asset Parkway Holdings, after the latter opted to sell its entire 25.37% stake to Khazanah, as the SWF launched a $2.56 billion general...

BofA secondaries may go to Asia

Bank of America Corp. is seeking to sell up to $1.2 billion of secondary positions in Warburg Pincus funds, with the China Investment Corporation (CIC) cited as one of the most likely buyers, according to reports.

CCBI Healthcare Fund invests Shanghai Kindly

CCBI Healthcare Fund, a fund managed by China Construction Bank International (CCBI), has invested an undisclosed sum in Shanghai Kindly Enterprise Development Group (KDL), a producer and developer of disposable medical devices.

Carlyle completing Kbro exit to Tsais

The Carlyle Group has reportedly finalized the exit of its Taiwanese cable TV investment Kbro to the Tsai business family, owners of Taiwan Mobile, the company that Carlyle originally planned to exit the asset to.

Unitas, OTPP ready NZ Yellow Pages for sale

Offering up the asset that launched NZ's much-praised "yellow tree house" ad campaign, regional buyout firm Unitas Capital and its co-investor Ontario Teachers Private Capital have kicked off the exit process from boom-era Antipodean telecoms investment...

JAFCO invests Singapore's Consilium

VC-focused JAFCO Asia has raised an undisclosed amount in Series A funding for Singapore-based Consilium Software, a communications solutions firm with operations in India, Southeast Asia, Taiwan and Canada.

Starr invests China's Top Grade Healthcare

Starr International Company, a privately-held global financial services group, has made a $40 million investment in Top Grade Healthcare Ltd., a provider of diagnostic imaging equipment and hospital management services in China.

CHAMP seeks buyers for Healthcare Australia

In the latest Australian healthcare sector deal, local PE firm CHAMP Private Equity is reportedly looking to sell Healthcare Australia, the country’s largest nursing, homecare and medical specialist placement company, worth an estimated $265 million.

PE-backed Ambow files for NYSE IPO

Ambow Education Holding Ltd. - a PRC education and career development service provider backed by Actis, CStar Investment, EdVenture, JAFCO Asia Technology Fund and Macquarie - has filed for an IPO on the New York Stock Exchange, planning to raise nearly...

CVCI offloads 14.3% stake in India's JBF Industries

Citigroup Venture Capital International (CVCI) has sold a 14.3% stake in India’s JBF Industries for INR120 crore ($25.4 million) on the Bombay Stock Exchange, with Reliance Capital Trustee Co. in turn picking up 2.55 million shares for a 4.1% stake...

Actis to buy Halonix's general lighting unit

Emerging markets-focused PE firm Actis Capital is to fully acquire the loss-making general lighting business of Indian halogen bulb and lamp manufacturer Halonix, a company in which it currently holds a 66% controlling stake.

VC-backed Opulan bought by Atheros

Opulan Technologies Corp, a privately held Chinese fabless semiconductor company backed by VC firms including AsiaVest Partners, Acorn Campus, and KLM Capital Group, has agreed to be acquired by NASDAQ-listed Atheros Communications Inc., in a deal valued...

TPG encounters hurdle in Vishal acquisition

Months after news surfaced that TPG Capital was set to link with distressed Indian superstore chain owner Vishal Retail, domestic retail brand Future Group, headed by prominent entrepreneur Kishore Biyani, has reportedly made an offer for the brand which...

CPPIB on the road again in Oz with Intoll

The Canada Pension Plan Investment Board (CPPIB) has returned to its pursuit of Australia-headquartered toll road groups with an A$3.4 billion ($3.05 billion) privatization proposal for Australian road toll operator Intoll Group – a cash offer at a...

Carlyle, TPG pick up Healthscope for $1.73 billion

The Carlyle Group and TPG Capital have won out in a bidding contest for Australian private hospitals and pathology services operator Healthscope Ltd., with an A$1.99 billion ($1.73 billion) all-cash offer that has already been unanimously recommended...

MBK CNS process could jumpstart Taiwan deals

North Asia-focused buyout firm MBK Partners has started the formal sale process for its Taiwanese cable TV/broadband asset China Network Systems (CNS) with the first bidding round, forecast to fetch up to $2.5 billion in a deal shaping up to be one of...

Carlyle, Affinity assessing Kyobo Life stake - reports

The Carlyle Group and Affinity Equity Partners are conducting due diligence on Kyobo Life Insurance Co., one of Korea's top three life insurance players, according to Korean reports, with a view to picking up a 24% stake in the business estimated at up...

Carlyle in running for Pure Foods, no CVC bid

The Carlyle Group has entered a bid for 49% of Pure Foods, the division of Philippines conglomerate San Miguel opened by the parent for investment, with CVC Capital Partners - which was previously linked with the asset - reportedly not entering a bid.

ACA takes 10% of listed drug store chain in Japan

ACA Inc., a Tokyo-based private equity firm with special focus on healthcare and media, has taken a 10% stake through a PIPE investment in Create SD Holdings, a drug store chain operator, for approximately $50 million.