Baring Private Equity Asia
Baring Asia, Hony agree Giant Interactive take-private
Chinese online game developer Giant Interactive has accepted a buyout offer from a consortium including Baring Private Equity Asia, Hony Capital and company management. It values the New York Stock Exchange-listed business at approximately $2.9 billion.
India due diligence: Smoke and mirrors
A number of accounting scandals involving India-based private equity portfolio companies has contributed to the erosion of investor confidence in the country. Due diligence processes are being tightened in response
Baring Asia exits Indonesian aviation services provider
Baring Private Equity Asia has sold its 41.65% stake in air freight and passenger services provider Cardig Aero Services (CAS) to Singapore Airport Terminal Services (SATS) for IDR1.1 billion ($93.5 million). The PE firm invested approximately $41 million...
Baring Asia-owned Nord Anglia files for $300m IPO
Nord Anglia Education, a Hong Kong-based school operator with a presence in Asia, the Middle East, Europe and North America, has filed to raise up to $300 million through a US IPO. The company has been majority-owned by Baring Private Equity Asia since...
Hony in talks to join Giant Interactive take-private - report
Hony Capital is said to be in advanced talks to join a consortium led by Baring Private Equity Asia that is supporting the $2.8 billion take-private deal for Chinese online game developer Giant Interactive.
Contrarians bullish on India investment opportunities
Private equity players are upbeat on investment prospects in India, arguing that those looking to commit capital now will benefit when the country's weak economy eventually rebounds.
India Awards: Firm of the Year - Baring PE Asia
Baring Private Equity Asia’s efforts in India paid off last year with $650 million invested in Lafarge India and Hexaware Technologies. Jimmy Mahtani, the firm’s country head, tells AVCJ how it was done
Baring Asia to exit Noah Education as MSPEA makes take-private offer
Baring Private Equity Asia is on course to exit Noah Education Holdings after Morgan Stanley Private Equity Asia (MSPEA) and senior management tabled a take-private bid that values the company at around $108 million. This is MSPEA’s second privatization...
Baring-owned school operator Nord Anglia plans $200m IPO – report
Nord Anglia Education, an international schools operator owned by Baring Private Equity Asia, is reportedly preparing an IPO which could raise upwards of $200 million.
Baring Asia backs $2.8b Giant Interactive take-private
Baring Private Equity Asia is supporting a management buyout of Chinese online game developer Giant Interactive Group that values the New York Stock Exchange-listed company at approximately $2.8 billion. If the deal goes through it would be the second-largest...
Baring Asia completes India Hexaware deal
Baring Private Equity Asia has bought an additional 20% stake in IT and business process outsourcing services firm Hexaware Technologies for INR8.16 billion ($127.8 million) through an open offer.
Acquisition finance: Familiar territory?
Once regarded warily by banks due to the lack of security in providing offshore financing against onshore assets, Asia buyouts that rely on offshore holdco structures are increasingly sought after.
ChrysCapital part exits Hexaware for $9m
ChrysCapital Partners has sold part of its 9.59% stake in listed Indian outsourcing firm Hexaware Technologies for INR614.2 million ($9.2 million) on the open market.
Baring Asia to take majority stake in India’s Hexaware, General Atlantic exits
Baring Private Equity Asia will acquire a 41.8% holding in Hexaware Technologies, an IT and business process outsourcing services firm, from the founders and General Atlantic (GA) for up to INR16.87 billion ($261.9 million). It will then have to make...
Baring Asia to invest in PE-backed Hexaware - report
Baring Private Equity Asia (BAPE) is said to be in talks to back Hexaware Technologies, with a view to taking a majority stake in the Indian software company.
Baring Asia to exit Magic Holdings as L’Oreal makes $843m takeover bid
Baring Private Equity Asia is on course to exit Chinese cosmetic facial masks specialist Magic Holdings International after L’Oreal offered to buy the company in a deal worth $843 million. The PE player stands to receive $176 million, having invested...
Baring Asia completes Korea parcel delivery buyout
Baring Private Equity Asia has announced the acquisition of South Korean courier firm Logen. Details of the deal, said to be worth around KRW160 billion ($140 million), emerged last month prior to closing. The seller is Mirae Asset Private Equity.
Baring PE Asia set for Korea logistics buyout
Baring Private Equity Asia has agreed to buy South Korean courier services provider Logen Logistics from Mirae Asset Private Equity. The deal is worth around KRW160 billion ($140 million).
Baring-backed Nord Anglia returns to Asia high-yield market
Baring Private Equity Asia-owned Nord Anglia Education has once again tapped Asia’s high-yield market, raising $165 million through a bond issue. This is the third time Nord Anglia has raised debt financing in the last 18 months – and the first of...
PE investors move to liquidate Ambow, call for CEO to resign
New York-listed Chinese tutoring and training services provider Ambow Education Holding could face a winding up order after a court appointed liquidators to assume control of the company. Avenue Capital, Ambow’s largest institutional shareholder, instigated...
Baring Asia invests $256m in Lafarge India
Baring Private Equity Asia will acquire a 14% stake in the Indian subsidiary of French building materials maker Lafarge, for INR14 billion ($256 million).
Baring Asia-owned Nord Anglia completes WCL bolt-on
Nord Anglia Education, an international schools operator owned by Baring Private Equity Asia, has completed the bolt-on acquisition of WCL Group for $222 million. The deal strengthens Nord Anglia’s presence in North America and the Middle East, taking...
Baring Asia in talks to buy stake in Lafarge India unit
Baring Private Equity Asia is in advanced talks with the Indian arm of French cement maker Lafarge for a minority stake in the unit.
Q&A: Baring Private Equity Asia's Jean Eric Salata
Baring Private Equity Asia closed its fifth fund at $2.46 billion in early 2011. CEO Jean Eric Salata tells AVCJ why the firm has taken its time investing the capital and where he now sees value emerging in the market