Media
Hathway Cable IPO disappoints for ChrysCapital, MS
ChrysCapital Management and Morgan Stanley investee Hathway Cable and Datacom Ltd. fell below its listing price by up to 9% on its debut on India's National Stock Exchange, though the result was still moderately positive for the backers.
Ashmore may exit India's Digicable
Ashmore Investment is reportedly in discussions to exit its 49% stake in Mumbai-headquartered Digicable Network, an India cable TV player.
Stokes Seven deal bets against media
Australian billionaire Kerry Stokes has merged publicly-listed media group Seven Network, which he co-owns with Kohlberg Kravis Roberts & Co., with his unlisted heavy machinery and mining business WesTrac, in an A$1 billion ($900 million) all-share deal.
Nalanda Capital exits Sun TV
India-focused Singapore-domiciled private equity firm Nalanda Capital has reportedly exited part of its stake in Sun TV.
Clarity raising second China fund
Beverly Hills-headquartered private equity group Clarity Partners is reportedly seeking to raise its second China fund, targeting some $650 million.
Oz media rebates may help PE investees
Rebates announced by the Australian government for the next two years on the license fees that commercial free-to-air broadcasters pay to the state may prove a lifeline to hard-pressed private equity investors in the sector. Australia’s channels Seven,...
Guthrie leaves Providence
Deals coming, sector still challenging
PE seeks pay-per-view Indonesia
Indonesia’s number one pay television platform, MNC Sky Vision, may sell a 40% stake to a foreign investor, in a transaction that would value the whole group at up to $800 million.
Northern Light invests $30 million in Chinese outdoor advertising
Chinese early stage-focused VC firm Northern Light Venture Capital (NLVC) has invested $30 million in City Media, a local outdoor advertising company with special strengths in elevator spaces.
DAR goes to Bollywood
DAR Capital Group, a London-based investment firm, is expecting to launch a fund dedicated to Indian film projects in the first half of 2010.
Providence, SCPEL, shortlisted for MSM
US TMT-focused buyout firm Providence Equity Partners and Standard Chartered Private Equity, the investment arm of the UK’s Standard Chartered Bank, are reportedly shortlisted to acquire a 40-45% stake in Multi Screen Media Pvt Ltd (MSM), a Mumbai-based...
GIC takes a Springer with EQT
Singapore SWF the Government of Singapore Investment Corp. has done its first-ever co-investment deal in Europe, in partnership with Sweden’s EQT Partners AB, in the €2.3 billion ($3.4 billion) secondary buyout of German academic publisher Springer...