Sectors
Deal focus: Partners Group brings global expertise to Australian childcare
Partners Group lost out to Navis Capital Partners when Guardian Early Learning was put up for sale three years ago. The firm wasn't going to let the opportunity slip from its grasp a second time
Aspada leads $5m Series A for India's Aasaanjobs
Aspada Advisors has led a $5 million Series A round of funding for Indian job recruitment site Aasaanjobs.
Australia's Asciano accepts $6.3b Qube-led takeover bid
The board of Australian rail freight and cargo port operator Asciano has accepted an A$8.8 billion ($6.3 billion) takeover bid by a Qube Holdings-led consortium that includes Canada Pension Plan Investment Board (CPPIB) and China Investment Corporation...
Legend-owned payment platform to list via reverse merger
Lakala, a Chinese offline third-party payment services provider owned by Legend Holdings, is set to list on the Shanghai Stock Exchange through a reverse merger.
Sequoia backs China second-hand car pricing platform
Sequoia Capital has led a new funding round for Che300.com, a China-based online platform that values second-hand cars.
KKR to support European solar player's Japan expansion plans
KKR has acquired a majority stake in Gestamp Solar, a Spain-based developer and operator of solar plants that is looking to expand its business in Japan. The deal values the business at approximately $1 billion.
Partners Group, Kedaara to buy unit from India's Au Financiers
A joint venture between Kedaara Capital and Partners Group has agreed to buy Au Housing, the mortgage arm of Indian non-banking finance company (NBFC) Au Financiers.
TPG, Carlyle acquire stake in Greencross, see buyout offer rejected
TPG Capital and The Carlyle Group have jointly acquired a 15.42% voting interest in Australia’s Greencross, although a buyout offer for the listed pet services business was rejected over the weekend.
Kalaari leads $4m round for India's RKSV Securities
Kalaari Capital has led an INR270 million ($4 million) Series A round for RKSV Securities, a Mumbai-based online stock trading firm.
Alibaba acquires 4% stake in Korea's SM Entertainment
Chinese internet giant Alibaba Group has acquired a 4% stake in S.M. Entertainment, a South Korean music agency, for KRW35.5 billion ($29.8 million).
India's VC-backed Oyo Rooms acquires rival Zo Rooms
Oyo Rooms, an India-based budget hotel booking app backed by SoftBank Corp. and other VCs, has acquired industry rival Zo Rooms, which counts Tiger Global Management as an investor.
China travel site agrees Tencent-backed take-private
Chinese online hotel booking site eLong has agreed to buyout led by a consortium of existing shareholders, including Tencent Holdings and Ctrip. The deal values the company at approximately $647 million.
IMJ targets $53m for Japan venture fund
Singapore-based IMJ Investment Partners has raised JPY2 billion ($17.7 million) for a venture capital fund that will back start-ups in Japan. The full target is JPY6 billion.
VIDEO: Black Soil's Chang Sun
Having spent 20 years at Warburg Pincus, during which he helped set up the firm’s China business, Chang Sun chose agriculture for his next challenge. His start-up, Black Soil, aims to bring consolidation, automation and improved productivity to a sector...
Chinese consortium to buy browser provider Opera for $1.2b
A Chinese consortium featuring Qihoo 360 Technology – which recently agreed a $9.3 billion private equity-backed take-private – is poised to acquire Norway-headquartered internet browser developer Opera Software for $1.2 billion.
China's Kingsoft Cloud raises $60m
Kingsoft Cloud Group, a cloud computing unit owned by China’s Kingsoft, has raised $60 million in a Series C round of funding from a group of investors including IDG Capital Partners.
Chinese container maker buys Switzerland's SIGG from Riverside
Zhejiang Haers Vacuum Containers, a Chinese stainless vacuum container manufacturer, has agreed to pay The Riverside Company CHF16.1 million ($16.6 million) in cash for Swiss bottle maker SIGG.
J-Star targets buyout of JASDAQ-listed drugstore chain
J-Star has launched a tender offer for drugstore chain Aisei Pharmacy that values the JASDAQ-listed company at approximately JPY12.7 billion ($112.5 million). This is the private equity firm’s first-ever tender offer.
Australian senate committee to investigate Dick Smith demise
An Australian parliamentary committee will launch an inquiry into the collapse of listed domestic retailers following the demise of Dick Smith Electronics, which was previously owned by Anchorage Capital Partners.
CDIB Capital invests $30m in Chinese recycling firm
CDIB Capital, the PE arm of Taiwan’s China Development Financial (CDF), has invested $30 million in Anhui Dong Jin Renewable Resource Technology, a Chinese renewable resources producer.
CICC, Chinese strategic launch competing offer for Sinovac
China-based Sinovac Biotech, which earlier this week became the target of a take-private bid from its chairman and SAIF Partners, has received a competing offer from a consortium that includes China International Capital Corporation (CICC).
Beijing Enterprises to buy Germany's EEW from EQT for $1.6b
Chinese state-owned conglomerate Beijing Enterprises Holding (BEHL) has agreed to buy EEW Energy from Waste, a German waste management company, from EQT Partners for EUR1.44 billion ($1.6 billion).
Rocket Internet raises $31.4m for property portal
Emerging markets property portal Lamudi has raised EUR29 million ($31.4 million) from its main backer, Germany's Rocket Internet, and several additional investors.
Black Soil's Chang Sun postpones China agri fundraise
Chang Sun, the former Asia managing director at Warburg Pincus who co-founded Chinese agriculture start-up Black Soil, has delayed plans to raise a $1 billion PE fund and will instead focus on individual deals.