IPO
Permira-owned Arysta LifeScience files for US IPO
Arysta LifeScience, the Permira-owned Japanese agricultural chemical maker, has filed for its US IPO with a view to raising as much as $500 million.
PE investors set for partial exits as Alibaba targets $24b IPO
Chinese e-commerce giant Alibaba Group is seeking to raise as much as $24 million through a US IPO that could be the largest tech offering in history.
PE-backed China Auto Rental to raise $467m in HK IPO
China Auto Rental, a car hire firm backed by Warburg Pincus, has set terms for a Hong Kong IPO that will raise up to HK$3.62 billion ($467 million).
Q&A: Morgan Stanley PE Asia's Michael Chung
Michael Chung, Seoul-based managing director with Morgan Stanley Private Equity Asia (MSPEA), discusses the intricacies of buying businesses from local conglomerates – and the prospects for exits via trade sales and IPOs.
Bain-backed Skylark to raise $1.1b in Tokyo IPO
Skylark, the Japanese restaurant chain backed by Bain Capital, could raise as much $1.1 billion as it re-lists on the Tokyo Stock Exchange (TSX).
China Huarong secures $2.4b from investors ahead of IPO
A group of private investors will pay RMB14.5 billion ($2.35 billion) for a combined 20.98% stake in China Huarong Asset Management, one of four groups tasked with managing non-performing loans (NPLs) from state-owned banks, ahead of a planned public...
PE-backed Snowman launches India IPO
Snowman Logistics, the PE-backed cold chain unit of Gateway Distriparks, is aiming to raise up to INR1.97 billion after launching its India IPO this week - the first since the country voted in a new government last May.
KKR-backed Rundong drops on HK debut
Rundong Auto Group,a Chinese car dealership backed by KKR, saw its shares drop as much as 16% on its Hong Kong trading debt on Tuesday, following a $124 million IPO.
TA makes partial exit as Speedcast IPO raises $139m
Satellite telecom provider SpeedCast is trading at a modest premium to its IPO price following an offering that raised A$150 million ($139 million) on the Australian Securities Exchange and facilitated a partial exit for TA Associates.
PE-backed CICC to pick advisers for IPO – report
The private equity-backed China International Capital Corporation (CICC), China’s largest investment bank, has reportedly picked ABC International Holdings and CCB International as joint sponsors for its Hong Kong IPO.
VC-backed iDreamSky jumps 6% on debut after $116m US IPO
Shares in iDreamSky Technology - a Chinese third-party mobile game publisher backed by Legend Capital and Redpoint Ventures - jumped 6.42% on the firm's NASDAQ debut.
KKR-backed Rundong Auto IPO prices at bottom of range
Rundong Auto Group, a Chinese car dealership chain backed by KKR, has raised $124 million in its Hong Kong IPO, after pricing the offering at the bottom end of the indicative range.
PE-backed Metro Glass gains 5.9% on NZ debut
Shares in Metro Performance Glass - the New Zealand glassmaker whose backers include Crescent Capital, Anchorage Capital and Sankaty Advisors - gained 5.9% on its first day of trading following its NZ$244.2 million ($227 million) IPO.
KKR-backed Rundong Auto launches $138 HK IPO
Rundong Automobile Group, a Chinese car dealership company backed by KKR, has launched its Hong Kong IPO today with a view to raising up to HK$1.07 billion ($138.1 million).
Shares in PE-backed Healthscope climb 5.2% on ASX debut
Shares in Healthscope,the Australian hospital operator backed by TPG Capital and The Carlyle Group, rose 5.2% to A$2.21 at the end its first day of trading yesterday following the largest Australian IPO in four years.
WH Group sets terms for HK IPO to raise $2b
WH Group, the Chinese pork producer backed by investors such as CDH Investments and Goldman Sachs, has set terms for a revised Hong Kong IPO that will raise up to HK$15.9 billion ($2.05 billion).
TPG, Carlyle to price Healthscope IPO at upper-end of range - report
TPG Capital and The Carlyle Group are to price shares in Australian hospital chain Healthscope at A$2.10 a share - the upper-end of the target range, generating A$2.25 billion ($2.12 billion).
Q2 analysis: Still open for business
The IPO window remains open, especially in Australia; VCs continue to dominate China fundraising, but probably not for much longer; the Philippines stakes its claim as Southeast Asia’s emerging PE star.
WH Group IPO: The pigs will fly
“I told everyone at the beginning of the year, ‘The two biggest risks for our industry are Shuanghui and Alibaba messing up.’ I knew there was going to be a pain trade but I thought it would be Alibaba, not Shuanghui.”
Samara set for partial exit as Monte Carlo files for IPO
Monte Carlo Fashions - an Indian apparel brand backed by Samara Capital and promoted by the Nahar Group - has filed for a domestic IPO.
Investors eye liquidity as WH Group revives HK IPO
Private equity-backed Chinese pork processor WH Group is once again seeking to list in Hong Kong, three months after a HK$41 billion ($5.3 billion) IPO was scrapped.
PE-backed Universal Studios Japan targets IPO - report
Universal Studios Japan (USJ) - a theme park operator backed by Goldman Sachs, PAG, MBK Partners and US hedge fund Owl Creek - is looking to list on the Tokyo Stock Exchange.
PE-backed Mobile World sets terms for Vietnam IPO
Mobile World, a Vietnamese mobile phone retailer backed by Mekong Capital and CDH Investments, has set terms for a stock market listing that will value the business at $200 million or more.
Sequoia's China Maple Leaf Education files for HK IPO
China Maple Leaf Education Systems, a Chinese international school operator backed by Sequoia Capital, has filed for an IPO on the Hong Kong Stock Exchange.