buyout
China-Taiwan M&A: Strait deals
For the past six years, capital has flowed relatively freely from Taiwan to China while deals going in the opposite direction have faced close regulatory scrutiny. Can wider economic realities redress the balance?
WuXi Pharmatech wins endorsement for PE-backed take-private
The proposed privatization of WuXi PharmaTech, a China-based provider of contract R&D services to the global pharmaceutical sector, has won the support of two major shareholder proxy advisory firms.
Alibaba agrees Youku Tudou acquisition at $4.8b valuation
Alibaba Group has agreed to acquire US-listed Chinese online video platform Youku Tudou in an all-cash deal that values the company at approximately $4.8 billion.
Fairfax India seeks controlling stake in ADI Finechem
The India unit of Canada-based Fairfax Financial Holdings has agreed to buy a 44.66% stake in chemicals manufacturer ADI Finechem for approximately INR1.3 billion ($20 million).
Archer Capital backs New Zealand education business
Archer Capital has created an education business in New Zealand following the acquisition of five privately-owned vocational education and training institutions.
Wind Point Partners buys Korean lens manufacturer
Chicago-based private equity firm Wind Point Partners has acquired Daemyung Optical, South Korea’s second-largest manufacturer of optical lenses. Financial terms were not disclosed.
Biosensors agrees to CITIC Private Equity buyout
The board of Singapore-listed medical devices manufacturer Biosensors International has accepted a buyout offer from CITIC Private Equity that values the company at approximately S$1.4 billion ($996 million).
Ability to change management key to value creation - AVCJ Forum
Having the ability to change the management team in a portfolio company remains a critical factor for private equity investors as they place greater emphasis on the value-add process.
Asia co-investment: The waiting game
Large-scale co-investment will take time to get traction in Asia
Deal focus: CMC’s big ambitions for Chinese football
Having paid $1.3 billion for the broadcasting rights to domestic Chinese football, CMC Capital Partners is targeting better players, better production standards and broader market appeal
Q&A: Creador's Brahmal Vasudevan
Creador targets mid-market investments in Southeast Asia and India. CEO Brahmal Vasudevan explains why he sees limited competition outside of India, and why he’s excited about the Philippines
PE investors see opportunity amidst volatility - AVCJ Forum
Asian private equity is experiencing some volatility – driven in part by macroeconomic concerns and public markets turbulence – but investors told the AVCJ Forum that they are still finding ample opportunities.
Bain, Baring lead the way at AVCJ Awards
With four investments, four partial exits, two IPOs and a string of dividend payments over the past 12 months, Bain Capital was named firm of the year at the 2015 AVCJ Private Equity and Venture Capital Awards.
First Reserve-backed Australian miner to go private
Australian engineering firm Calibre, which is backed by US-based First Reserve, plans to delist from the Australian Securities Exchange and buy back the stakes of minority shareholders.
CITIC PE seeks full ownership of Biosensors International
CITIC Private Equity has submitted a buyout offer for Biosensors International, a Singapore-listed medical devices manufacturer in which it already holds close to a 20% stake.
Fundraising and co-investment: Friends with benefits
Co-investment is becoming more sophisticated as managers sharpen fundraising strategies and respond to the needs of large investors. It points to an increasingly customized and complicated GP-LP relationship
Asia PE 2015: Guarded optimism
Private equity deal flow this year has been fed by several big auction deals, a healthy dose of co-investment, and ever larger late-stage tech rounds
I Squared's India toll road platform buys asset from Madhucon
Cube Highways & Infrastructure, the India toll road and transportation investment platform of I Squared Capital, has bought an Indian toll road from developer Madhucon Infra.
Philips uncertain over Lumileds sale to China's Go Scale
Dutch electronics giant Philips has cast doubt on the sale of its LED components and automotive lighting unit to a Chinese private equity consortium as it emerged that US regulators were looking into the deal.
PE firms exit US oil assets to Chinese property developer
Chinese real estate developer Yantai Xinchao Industry has acquired two oil assets in West Texas backed by US-based private equity firms ArcLight Capital Partners and Denham Capital.
Australia oil and gas player Santos rejects PE takeover bid
Australia-based oil and gas supplier Santos has rejected a takeover bid from Scepter Partners, a private equity firm backed by sovereign wealth funds and high net worth individuals in Asia and the Middle East.
CITIC Capital buys Japan-based footwear brand
CITIC Capital Partners has acquired Japanese footwear company Akakura for an undisclosed sum.
GIC to buy Indian renewable energy platform Greenko
Singapore’s GIC Private has agreed to acquire Greenko, an India-focused renewable energy developer that has previously received funding from the likes of TPG Capital and EIG Global Energy Partners.
Bridgeport Capital acquires Australia’s Underground Cable System
Bridgeport Capital, the direct investment arm of Hawkesbridge Capital, has acquired Australia’s Underground Cable Systems (UCS) in a deal worth approximately A$100 million ($73 million) alongside company management.