Investments

Advantage, J-Will, TPG in frame for Anabuki

Private equity bidders including Advantage Partners, J-Will Partners and TPG Capital are into the final round for Anabuki Construction Ltd., a defunct apartment developer based in Japan's southern island of Shikoku, in a deal worth at least $222 million...

Daiwa Quantum invests Taiwan's Alchip

Daiwa Quantum Capital, the JV between Daiwa Securities SMBC Principal Investments and ex-Sony CEO Nobuyuki Idei-backed Quantum Leaps, is investing $15.6 million in Taiwanese chip design house Alchip Technologies Inc.

CSRC review of MS CICC stake sale begins

Morgan Stanley has begun the formal application process to the China Securities Regulatory Commission (CSRC) for the sale of its 34.3% stake in PRC investment bank China International Capital Corp. (CICC).

IFC plans socially-focused India deals

The International Finance Corporation (IFC), the private sector arm of the World Bank, is working on two Indian socially-focused deals: a $25 million commitment to hospital chain Max Healthcare Institute, and participation in a $2.6 million fundraising...

Sindicatum Carbon preps pre-IPO placement

Sindicatum Carbon Capital, a Singapore-headquartered clean energy projects developer, has announced that it is preparing a $100 million private placement with three private equity firms prior to its planned listing.

Navis backs new Nirula's expansion

Navis Capital is to invest more into Indian restaurant chain Nirula's to help fund a new expansion into seven to ten additional cities across the Subcontinent, according to Indian press reports.

Healthscope bidders raise price, nix breakup

The private equity bidders for ASX-listed hospital business Healthscope - still unconfirmed but widely reported as the Carlyle Group and TPG Capital - have raised their bid for the target to A$5.75 ($4.86) per share, totaling A$1.8 billion ($1.5 billion),...

Blackstone opens Oz office

The Blackstone Group has announced the opening of an office in Australia to capitalize on local LBO opportunities.

Japan Industrial Partners helps privatize JAA

Japan Industrial Partners (JIP) will help privatize JASDAQ-listed car auction site Japan Automobile Auction, known as JAA, through a tender offer with a value of JPY12.9 billion ($140 million), or JPY140,000 ($1520) per share, a 52% premium over the...

PEP bids against Hands for UK's Biffa

An investee of Australian buyout firm Pacific Equity Partners (PEP) is reportedly bidding against a rival backed by Guy Hands' Terra Firma Partners to acquire the landfill gas unit of UK waste management and waste power company Biffa.

DCM invests in Softbank streaming JV

Softbank Corp., the Japanese mobile phone service provider and investment conglomerate, will establish a joint venture called Ustream Asia, with Ustream Holding, a US online movie distributor, in partnership with US venture capital firm DCM.

First Reserve gets large Calibre

Resources-focused private equity firm First Reserve Corp. has taken a 75%+ stake in Western Australian engineering firm Calibre Global, reportedly for at least A$100 million ($86 million).

CIC invests Penn West oil sands

China Investment Corporation has continued the recent trend of PRC investment in Canada's northern oil sands regions, paying C$817 million ($801 million) for 45% of energy trust Penn West's Peace River project.

CITIC Capital Japan to take Higashiyama Film

HF Holdings, a wholly-owned special purpose vehicle formed by CITIC Capital Holdings Ltd, CITIC Capital Japan Partners II LP, Castle Rock Holdings SPRL and Wealth Rock Holdings SPRL, has announced it will acquire 55.3% of Higashiyama Film Ltd from its...

CAS Capital to privatize JASDAQ's Merktec for $65 million

CAS Capital, a Tokyo-based investment firm targeting management buy-ins and buyouts, will sponsor the privatization of Marktec Corporation, a JASDAQ-listed maker of non-destructive testing (NDT) products, through a tender offer, with a total value of...