Investments
Korean government delays Woori sale
The Korean government has announced a delay to the publication of its privatization plans for Woori Finance Holdings, owner of Number Three Korean lender Woori Bank, which has attracted the attention of the Blackstone Group among others, seeking to maximize...
Temasek's ITS to list in Hong Kong
Temasek Holdings will seek to increase its pre-IPO stake in PRC investee intelligent transportation system provider China ITS (Holdings) Co Ltd. which anticipates raising about $119 million via a Hong Kong IPO in July.
ChrysCapital fully divests from Hathway Cable
ChrysCapital has fully exited investee Hathway Cable and Datacom Ltd., selling its remaining 6.36% stake in the cable TV service provider following its partial exit earlier this year at the time of Hathway’s IPO.
Tishman Speyer eyes Indian IT park
Tishman Speyer, the global real estate investment firm, is reportedly in discussions to acquire the soon-to-be-completed IT Park in Gurgaon owned by BPTP Ltd, a New Delhi-based real estate developer, in a deal estimated at around INR400 crore ($857.4...
Yatra Capital sees Indian opportunities
Yatra Capital, the Euronext-listed company focused on real estate investments in India, plans to invest up to INR115 crore ($24.4 million) through two realty deals in 2010, Christopher Wright, chairman and co-founder at Yatra Capital, said publicly.
Eredene invests India's Ennore Port terminal
London AIM-listed Eredene Capital, an India-focused real estate and infrastructure investment firm, has led a consortium to win the rights to build and operate the Ennore Port container terminal project in Tamil Nadu, along with Spanish and Indian industry...
Reliance/GTL deal may involve Saudi Telecom, ADIA, PE players
The $11 billion merger of Reliance Infratel, the cellular transmission tower arm of India's Reliance Anil Dhirubhai Ambani Group, into Indian independent telecoms player GTL Infrastructure may include investment by Saudi Telecom Co., the Abu Dhabi Investment...
Providence goes to Study Group
US media and TMT-focused private equity firm Providence Equity Partners has picked up CHAMP Private Equity’s education asset Study Group International, in a deal estimated at around A$600 million ($523.6 million).
Valiant to take SME Fuji Foods private
Tokyo-based SME-focused buyout firm Valiant Partners plans to take Fuji Foods Co., a producer and distributor of cooked foods, private through an MBO.
Parkway Holdings playing hardball
The leading contenders to take majority control of Singaporean hospital management firm Parkway Holdings Ltd. have separately experienced hurdles in their quest to obtain their acquisition target, extending the highly contested race that began in March....
Khazanah may pick up Amanresorts
Malaysian SWF Khazanah Nasional, which has been more and more active in direct investments over the past 18 months, is now seeking to pick up a controlling stake in luxury resort chain Amanresorts from its current owner, Indian real estate developer DLF...
BC Partners-backed Fitness First contemplates APAC IPO
BC Partners-owned Fitness First is reportedly planning to debut onto the Hong Kong, Singapore, Shanghai or Sydney stock exchanges in an IPO that could raise as much as $1.8 billion.
ICICI may exit I-Ven Pharma to Dr. Reddy's Labs
ICICI Venture is reportedly considering selling its 100% stake in I-Ven Pharma Capital Ltd. to its partner Dr. Reddy's Labs (DRL), which would be the latest in a string of exits by the Indian private equity firm.
GIC to defer preferential investment in Fortis
The Government of Singapore Investment Corp. (GIC) is aiming to defer its $82 million preferential investment in Indian hospital management firm Fortis Healthcare, the latest turn in the highly contested race to take control of Parkway Holdings.
Avigo closes third fund at $240 million
Delhi-based Avigo Capital Partners has closed its Avigo SME Fund III at $240 million, to be committed to investments into mid-market firms, according to reports.
ORIX plans Tokyo Star investment, partnership
ORIX Corp., the Japanese investment and financial services firm, is investing JPY10 billion ($111 million) into Advantage Partners investee Tokyo Star Bank, alongside a plan to form a corporate turnaround arm at the bank.
ICICI exits Metropolis Healthcare after Warburg Pincus investment
ICICI Venture is to fully divest from India’s Metropolis Healthcare Ltd., following Warburg Pincus’s move to inject $85 million into the laboratories chain.
KKR nixes CVC partnership on Healthscope
Kohlberg Kravis Roberts & Co. has said that CVC Capital Partners will not be participating in a bid for Australia's Healthscope, estimated at potentially up to A$1.84 billion ($1.56 billion), with KKR continuing on the bid by itself.
Bain exits Feixiang Chemicals ahead of Rhodia acquistion
Bain Capital is set to offload its investment in China's Feixiang Chemicals ahead of the company's full acquisition by French chemical developer Rhodia for $489 million.
Baring India close to Oriental Tollways deal
Baring Private Equity Partners India is preparing to invest some INR370 crore ($80 million) in Oriental Tollways, part of the 30-year-old Oriental Structural Engineers Group, to help fund the target's road projects.
Blackstone may join Woori process
The Blackstone Group has been in discussions with Korea's Woori Financial Group over possible participation in the state-backed $6 billion auction of the government's 57% stake in the country's third largest banking group, at some $10.6 billion market...
H&QAP's Array IPOs for Taiwan OTC
Veteran Asian investor H&Q Asia Pacific (H&QAP) announced that Array Networks, its Silicon Valley-headquartered portfolio company, has completed its listing on the Taiwan OTC Exchange, becoming the first foreign Internet networking company to list in...
AgBank announces IPO prices in Hong Kong
Ahead of its intended IPO later this year, the Agricultural Bank of China (AgBank) announced that it looks to sell 25.4 billion of its shares in Hong Kong for HK$2.88-3.48 ($0.37-0.45) apiece in hopes of raising $13 billion in the SAR.
SAIF, Sequoia, Tiger investee Just Dial looks to launch IPO
Indian search firm Just Dial Pvt – which has received more than $10 million worth of funding from early backer SAIF Partners – is set to launch its IPO, which may come as early as the end of the year.