Media
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
The Asia Pacific operation of Providence Equity Partners has seen another high-level departure, as Michelle Guthrie, Managing Director at the Hong Kong office of the leading media and telecoms investor, leaves the firm, destination unknown.
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 Science+Business...