Sectors
Dalian Wanda to buy PE-owned UK yacht maker – report
Dalian Wanda Group is expected to buy Britain’s largest luxury yachtmaker Sunseeker - currently owned by Irish private equity firm FL Partners - for EUR300 million ($400 million).
Snapdeal partners with eBay, closes $50m funding round
Indian online retailer Snapdeal has raised $50 million from lead investor eBay, Intel Capital, Saama Capital, Russian VC ru-Net and Japan’s Recruit Holdings. Existing investors Bessemer Venture, Nexus Venture Partners and Kalaari Capital also participated...
IFC to lend $70m for Everbright Chinese water project
International Finance Corporation (IFC), the investment arm of the World Bank, will lend $70 million to China Everbright International to build three water plants in China.
Regulator blocks Anacacia exit of Rafferty's to Heinz
Anacacia Capital’s sale of baby-food producer Rafferty’s Garden to H.J. Heinz has been blocked by the Australian Competition and Consumer Association (ACCC). The regulator decided that the transaction would give Heinz an unfairly dominant market position....
China Asset Management backs $332m iSoftStone take-private
Chinese IT services provider iSoftStone Holdings has received a take-private proposal from its CEO and chairman, who is working in conjunction with ChinaAMC Capital Management, an alternative investment platform affiliated to fund management company China...
Clearstone-backed Games2Win acquires Indian start-up
Games2Win, an Indian online gaming business backed by Clearstone Ventures, has acquired Backyard Game FactoRy (BGF) - a New Dehli-based game developer.
IFC to support BioVeda's $200m China fund
International Financial Corp.(IFC), the World Bank investment arm, plans to commit up to $20 million to the latest fund launched by healthcare-focused firm BioVeda China Fund (BVCF).
Goldman invests $135m in ReNew Wind Power
Goldman Sachs is investing another $135 million in Indian energy producer ReNew Wind Power, adding to its initial investment of around $250 million made in 2011. The firm has set a $40 billion target for financing and investing in clean technology companies...
CVC eyes IPO for Indonesian cable operator LinkNet - report
LinkNet, the Indonesian cable television and broadband operator in which CVC Capital Partners holds a 49% stake, is reportedly targeting an IPO this year. It would be the second share offering in 2013 by one of the private equity firm’s Indonesia-based...
CapVent buys Indian water purifier company
Capvent has bought a 51% stake in Morf India, a Chennai based water purification company with operations throughout South India. Financial details of the transaction were not disclosed.
Nexus invests $2.5m in Housing.co.in
Nexus Venture Partners will back Indian real estate search portal Housing.co.in with $2.5 million in funding to help expand its technology and data teams.
TEL Venture Capital invests in MIOX Corporation
TEL Venture Capital, the investment arm of Japanese semiconductor maker Tokyo Electron, has invested in US water technology company MOIX Corp. The details of the transaction were not disclosed.
Shinsei Bank backs Series B for Japan's Smart Education
Shinsei Corporate Investment (SCI), a unit of Japan's Shinsei Bank, has committed JPY75.3 million ($748,000) to educational smartphone app developer Smart Education. This brings the start-up's Series B round to a total of JPY350 million.
Australia's QIC enters US retail property market
Australian institutional investment manager QIC has made its first direct investment into the US property market after taking a position in eight regional retail malls worth $2.05 billion. QIC’s global real estate division will put in $435.6 million ($425...
KDDI, Yahoo, CyberAgent invest $3m in online language service
KDDI Open Innovation Fund, CyberAgent Ventures and YJ Capital - the investment arm of Yahoo Japan - have taken part in JPY330 million ($3.2 million) round of funding for RareJob, an English-language learning website.
China Haitong Securities PE arm eyes buyout funds – report
Haitong Capital Investment, the PE arm of China Haitong Securities, is expected to launch its first renminbi- and US dollar- denominated buyout funds, targeting at least $526 million.
DBS buys more time for Bank Danamon control deal
DBS Group has extended the deadline for it to secure majority control of Indonesia’s Bank Danamon by two months to August 1. The bank wants to acquire the 67.4% stake in Danamon owned by Temasek Holdings – also DBS’ controlling shareholder – with a view...
ChrysCapital invests $44m in Indian FMCG CavinKare
ChrysCapital Partners has invested INR 2.5 billion ($44 million) to buy a minority stake in Indian consumer goods producer CavinKare.
Apax makes $22.6m from Apollo Hospitals partial exit
Apax Partners has made another partial exit from India’s Apollo Hospitals, generating proceeds of of INR1.28 billion ($22.6 million) via the National Stock Exchange.
TA-owned SpeedCast acquires Australia's Pactel
TA Associates-backed SpeedCast has acquired Pactel International, an Australia-based satellite communications service provider for an undisclosed sum, as part of effort to strengthen its presence in Asia.
INCJ-backed Seajacks sets up Japan wind farm unit
Seajacks International, a UK-based offshore energy services provider owned by Japan's Marubeni Corp. and government-backed Innovation Network Corporation of Japan (INCJ), has launched its first Asian subsidiary - Seajacks Japan.
Billabong turns to refinancing options as buyout talks falter
Embattled Australian surfwear company Billabong has discarded the possibility of a takeover by two PE-backed suitors and is now looking at asset sales and alternative means of refinancing its debt. The private equity firms involved in the bids – Altamont...
India's Snapdeal acquires e-retailer Shopo
Sequoia Capital-backed Shopo.in, an online marketplace for Indian handicraft products, has been bought by Snapdeal.com promoter Jasper Infotech for an undisclosed amount. Shopo had raised funding from Sequoia, SRI Capital and Seeders Venture Capital in...
PE-backed TVS Logistics makes second bolt-on this year
TVS Logistics, an Indian supply chain manager backed by KKR and Goldman Sachs, has acquired US-based Wainwright Industries for INR500 million ($8.8 million).