PIPEs
Fosun ups stake as Bona Film founder buys out Fox
Fosun International will increase its stake in Bona Film Group as part of an ownership restructuring of the Chinese film studio and distributor, which will also see the exit of 21st Century Fox.
Multiples makes partial exit from South Indian Bank
India's Multiples Alternate Asset Management has made a partial exit from locally-listed South Indian Bank (SIB), selling one fifth of its stake for around INR428 million ($8 million).
Tencent invests $736m in VC-backed Chinese classifieds site
Tencent Holdings will pay $736 million for a 19.9% stake in 58.com, a venture capital-backed Chinese classifieds website that went public on the New York Stock Exchange last October.
Tano Capital invests $8.5m in India's Safari Industries
Tano Capital will pay INR498 million ($8.5 million) for a 20% stake in Safari Industries India, a plastic moulded luggage maker, through a preferential allotment of shares.
China Minsheng Bank commits $60m to Modern Land PE fund
China’s Minsheng Bank has committed RMB370 million ($60 million) to a private equity fund established by Modern Land, a Hong Kong-listed property developer.
China's Alibaba to buy 10% stake in Singapore Post
Alibaba Group has agreed to buy a 10.35% stake in Singapore Post (SingPost) for S$312.5 million ($249 million), becoming the second-largest shareholder in the national postal service provider.
Japan Industrial Solutions invests $98m in Unitika
Turnaround specialist Japan Industrial Solutions (JIS) has agreed to acquire a stake in listed textiles manufacturer Unitika for JPY10 billion ($98 million).
IMC PE unit invests in Singapore's Q&M Dental
Heritas Helios Investments (HHI), a healthcare PE fund seeded by Singaporean conglomerate IMC, has acquired a 10% stake in Q&M Dental Group from existing shareholders for S$30 million ($24 million).
China PE funds invest in Hunan Boyun New Materials
Shenzhen-listed Hunan Boyun New Materials has raised RMB629 million ($100 million) from investors including domestic PE funds Xiangtou High-Tech Venture and Hunan Da Boyun Investment.
ADIA picks up stake in India's MT Educare
Abu Dhabi Investment Authority (ADIA) has paid INR38.8 million ($662,000) for a 1% stake in education services provider MT Educare.
NSSF, Temasek, Qatar participate in CITIC Pacific share sale
China's National Social Security Fund (NSSF) and sovereign wealth funds Temasek Holdings and Qatar Holdings are contributing to the HK$39.5 billion ($5.1 billion) Hong Kong-listed CITIC Pacific requires to buy its state-owned parent.
TPG, Khazanah invest $132m in Philippines housing developer
TPG Capital and Malaysian sovereign wealth fund Khazanah Nasional have together invested PHP5.8 billion ($132 million) in Philippines-based housing developer 8990 Holdings.
DBJ invests $14m in Japan's Diamond Electric
The Development Bank of Japan(DBJ) has invested JPY1.5 billion ($14 million) in Diamond Electric, a Tokyo-listed electronic devices manufacturer, for a 49.5% a stake.
Alibaba, Yunfeng invest $1.2b in Youku Tudou
Alibaba Group and Yunfeng Capital will acquire a combined 18.5% stake in Youku Tudou, a US-listed Chinese online video firm, for $1.22 billion.
DT Capital invests $19m in China decorating company
China-focused PE firm DT Capital Partners has invested RMB120 million ($19 million) in Zhejiang Yasha Decoration, a Shenzhen-listed building design and decorating company.
Jack Ma joins $1b investment in VC-backed Wasu Media
Alibaba Group founder Jack Ma and several co-investors have agreed to buy a 20% stake in Wasu Media Holdings, a Hangzhou-based digital media operator backed by several VC firms, for RMB6.54 billion ($1.06 billion).
Standard Chartered backs Australia-listed manganese miner
Standard Chartered Principal Finance has provided a $50 million debt financing package for OM Holdings (OMH), an Australian Securities Exchange-listed mining company, and several of its affiliates.
IFC part exits Indian NBFC to WestBridge
International Finance Corporation (IFC) has made a partial exit from Cholamandalam Investment & Finance (CIF), an Indian non-banking finance company (NBFC), selling shares to WestBridge Capital.
Temasek to invest $150m in China Huiyuan Juice
Temasek Holdings plans to invest $150 million in China Huiyuan Juice, a Hong Kong-listed fruit juice producer that is a portfolio company of SAIF Partners.
Fosun invests $325m in Beijing Sanyuan Foods
Chinese conglomerate Fosun International has acquired a 20.45% stake in Beijing Sanyuan Foods, a dairy products producer, for RMB$2 billion ($325 million).
Oak Capital invests another $4.9m in Japan's Softfront
Oak Capital has invested JPY500 million ($4.9 million) in JASDAQ-listed IT services firm Softfront, increasing its stake in the company to 20.8%.
CDH pays $40m for 20% stake in China gold project
CDH Investments will acquire a 20% stake in Eastern Dragon project, a gold reserve base owned by Canadian miner Eldorado Gold Corporation, for $40 million in cash.
WestBridge raises further $325m for India fund
WestBridge Capital has raised an additional $325 million from investors for its 2011 vintage WestBridge Crossover Fund, taking the corpus size to $850 million. The vehicle, which targets PIPE deals, is described as an evergreen fund without a specific...
WestBridge takes minority stake in Indian snack foods producer
WestBridge Capital Partners has acquired 24.9% of DFM Foods, a leading Indian snack foods manufacturer best known for Crax Corn Rings.