IPO
China sees first PE-backed IPOs in four months
The first two PE-backed Chinese companies to go public on domestic bourses in fourth months saw their shares jump more than 40% on the Shenzhen Stock Exchange.
Australia's PEP set for exit as Asaleo Care raises $616m
Pacific Equity Partners (PEP) will make a full exit from Asaleo Care as the hygiene and paper products manufacturer raises A$655.7 million ($616.6 million) through an IPO.
CDH-backed Beijing Digital Telecom eyes $152m HK IPO
Beijing Digital Telecom (BDT), China’s largest mobile telecom retail chain, which is backed by 3i Group and CDH Investments, plans to raise up to HK$1.18 billion ($152 million) through an IPO in Hong Kong.
IDG-backed Tian Ge targets $208m HK IPO
Tian Ge Interactive Holdings, a Chinese social video-sharing platform that has received funding from IDG Capital Partners and internet company Sina, is seeking to raise up to HK$1.61 billion ($208 million) through a Hong Kong IPO.
Next-owned Hirepool abandons New Zealand offering
Hirepool Group – a New-Zealand equipment rental firm owned by Next Capital – has abandoned plans to raise up to NZ$262 million ($227 million) through an IPO.
VC-backed Xunlei jumps 24% on debut after $88m IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, saw its stock gain 24% on its first day of trading on NASDAQ following a $88 million IPO.
PE-owned Luye Pharma seeks up to $764m in HK IPO
Luye Pharma Group - a Chinese drugmaker backed by GIC Private, CDH Investments, CITIC Private Equity and New Horizon Capital - is seeking to raise up to 764 million from a Hong Kong IPO.
Warburg Pincus backs property developer Jinmao's HK IPO
Warburg Pincus has agreed to buy HK$77.5 million worth of shares in Chinese property developer Jinmao Investments’ Hong Kong IPO, which is targeting up to HK$3.39 billion ($437 million).
TPG, Carlyle favor IPO exit for Australia's Healthscope – report
TPG Capital and The Carlyle Group are reportedly looking to take Healthscope public rather than seek to exit Australia’s second-largest private hospital operator via a trade sale.
PE-backed Tianhe sees marginal gain after $658m HK IPO
Tianhe Chemicals Group saw its stock gain up to 5% during the first morning of trading in Hong Kong. The company, which is backed by Morgan Stanley Private Equity Asia (MSPEA) and PAG, raised HK$5.1 billion ($658 million).
Permira targets IPO for Japan's Arysta LifeScience – report
Permira is planning to raise $500 million via the US IPO of Japanese agricultural chemical maker Arysta LifeScience.
VC-backed Xunlei sets terms for $92.5m US IPO
Xunlei, a Chinese file-sharing and download management platform backed by a string of VC firms, is seeking to raise up to $92.5 million through its US IPO.
Next-owned Hirepool seeks up to $227m in NZ IPO
Hirepool Group - a New-Zealand equipment rental firm owned by Next Capital - is to raise up to NZ$262 million ($227 million) in what is likely to be one of New Zealand's largest listings this year.
China job site Zhaopin trading strongly after $75.7m US IPO
Chinese recruitment website Zhaopin is trading at around a 17% premium to its IPO price after raising $75.7 million through a US offering and receiving a parallel investment from Apax Partners.
Bain-backed Emcure Pharma withdraws IPO
Emcure Pharmaceuticals, the Indian drugs developer backed by Bain Capital, has withdrawn its plans to go public. The listing - which was to raise INR5 billion ($84 million) - is the fourth PE-backed IPO to be pulled in India this year.
Next-backed Hirepool confirms IPO plans
Hirepool, a New Zealand equipment rental business backed by Next Capital, has confirmed its plans for an IPO.
Quadrant makes partial exit as iSentia IPO raises $264m
Shares in Australian media monitoring company iSentia gained nearly 20% on their trading debut after a A$283.6 million ($264.6 million) IPO facilitated a partial exit by Quadrant Private Equity.
PE-backed Ozner Water targets $158m Hong Kong IPO
Ozner Water International, a Chinese water purifier manufacturer backed by SAIF Partners, Ares Management and Goldman Sachs, wants to raise up to HK$1.23 billion ($158 million) through a Hong Kong IPO.
Australia's Ironbridge set for partial exit from Monash IVF
Australian GP Ironbridge Capital is on course to exit the majority of its stake in Monash IVF through an IPO.
MSPEA-backed Tianhe targets $818m Hong Kong IPO
Tianhe Chemicals Group, a Chinese specialty chemicals maker backed by Morgan Stanley Private Equity Asia (MSPEA), is seeking to raise up to $818 million through a Hong Kong IPO.
PEP to list Australian paper maker Asaleo for $642m
Pacific Equity Partners-owned paper maker Asaleo Care is looking to raise A$690 million ($642 million) in what would be the biggest Australian IPO this year.
Apax to invest $15m in China's Zhaopin alongside IPO
Zhaopin, a Chinese recruitment website which has previously raised capital from several VC firms, will receive $15 million from Apax Partners alongside a US IPO.
PE-backed Café Coffee Day eyes $1b India IPO - report
Café Coffee Day - the Indian café chain backed by KKR, Standard Chartered Private Equity (SCPE)and New Silk Route Advisors (NSR) - is said to be considering an IPO next year.
China's OTC market: The shortcut
JD Capital has become the first Chinese private equity firm to list on the country’s over-the-counter platform. Is the New Third Board a viable exit option – for GPs or for portfolio companies?