KKR
KKR, CPPIB invest $953m in India's Bharti Infratel
KKR and the Canada Pension Plan Investment Board (CPPIB) have invested INR62 billion ($953 million) in the cell tower arm of Indian telecom services provider Bharti Airtel.
KKR seals second Japan tender offer with $4.5b Calsonic deal
Shareholders in automotive components manufacturer Calsonic Kansei Corporation have accepted a JPY498.3 billion ($4.5 billion) buyout offer from KKR as the GP completed its second tender offer for a Japanese company within a day of concluding the first....
KKR completes $1.3b tender offer for Japan's Hitachi Koki
KKR has completed the first of two tender offers it has in process for Japanese listed companies after shareholders in power tools manufacturer Hitachi Koki voted in favor of a JPY147.1 billion ($1.28 billion) buyout offer.
KKR sets $8.5b hard cap for Asia fund, schedules first close
KKR has set an institutional hard cap of $8.5 billion for its third pan-Asian fund, with the total expected to reach $9.2 billion including commitments from the firm’s balance sheet and management team. A substantial first close – of around half the hard...
KKR invests in China's Gambol Pet Group
KKR has invested in Gambol Pet Group, a China-based company that sells pet food products.
China used car trading platform Uxin raises $500m
Chinese used car trading platform Uxin has raised $500 million in a new round of funding led by TPG Growth, Jeneration Capital and China Vision Capital.
KKR makes $1.3b tender offer for Japan's Hitachi Koki
KKR has launched its second tender offer in two months for a Japanese listed company, submitting a bid for Hitachi Koki that values the power tools manufacturer at JPY147.1 billion ($1.28 billion).
KKR, CDH to exit China Modern Dairy for a second time
KKR and CDH Investments have agreed to sell HK$1.87 billion ($241.5 million) worth of shares in China Modern Dairy – which will see them fully exit a position they received when selling part of a greenfield cattle farming joint venture to Modern Dairy...
Australia's Tatts rejects $5.4b bid from PE-backed consortium
Australian lottery operator Tatts Group has rejected a A$7.3 billion ($5.4 billion) buyout offer from a PE-backed consortium, saying the terms are inferior to those in a proposed merger with industry counterpart Tabcorp.
AVCJ Awards 2016: Deal of the Year - Late Stage Tech: Go-Jek
As an early-mover in Indonesia’s online-to-offline space, Go-Jek has built up a presence in 14 verticals. Its Series D round is intended to help consolidate this dominant position
KKR's Emerald Media joins $35m round for India-based Amagi
Emerald Media, an Asia media and entertainment investment platform founded by KKR, has participated in a $35 million Series D round of funding for India-headquartered Amagi Media Labs, a provider of cloud-based managed broadcast services and advertising...
PE consortium bids $5.4b for Australia gaming business Tatts
A consortium comprising Morgan Stanley Infrastructure, KKR, First State Super and Macquarie has submitted a buyout offer for Australian lottery operator Tatts Group that values the business at up to A$7.3 billion ($5.4 billion).
KKR, Temasek invest $266m in India's SBI Life
KKR and Temasek Holdings have agreed to invest INR18 billion ($266 million) for a 3.9% stake in SBI Life, the life insurance subsidiary of the State Bank of India (SBI).
India exits: Diamonds in the rough
Exit opportunities are available for savvy investors in India, and market professionals say prospects are good in the long term. But GPs are likely to continue to find the near future difficult
KKR, Sino-Ocean invest in Beijing Capital Juda
KKR has partnered with Chinese property developer Sino-Ocean Group Holding to invest HK$1.5 billion ($190 million) in retail outlet developer and operator Beijing Capital Juda.
Deal focus: Mitsui makes medical inroads
Having lost out to KKR when bidding for Panasonic Healthcare two years ago, Mitsui & Co. seized upon a second chance to get involved and offer the company access to its global network of medical assets
KKR to make $4.5b tender offer for Japanese auto parts manufacturer
KKR has agreed to buy Nissan Motor’s 41% holding in Japanese automotive components supplier Calsonic Kansei Corporation and launch a tender offer to acquire the company in full at a valuation of JPY498.3 billion ($4.5 billion).
KKR sells stake in Japan's Panasonic Healthcare to Mitsui
KKR has sold a 22% stake in Panasonic Healthcare, a Japanese medical equipment manufacturer in which it acquired a majority interest in 2014, to Mitsui & Co. for JPY54.1 billion ($510 million).
Investors weigh maneuvering options in response to global volatility – AVCJ Forum
Recent signs of global volatility have prompted PE investors to consider a divergence in business dynamics and economic trajectories between the US and Europe and Asia, industry participants told the AVCJ Forum.
KKR launches third Asian fund
KKR has launched its third pan-Asian fund, which has a target of up to $7 billion. The private placement memorandum was issued last week, according to a source familiar with the situation.
COFCO Meat completes $252m Hong Kong IPO
COFCO Meat, a subsidiary of Chinese agricultural conglomerate COFCO Group that received backing from four private equity firms in 2014, has raised HK$1.95 billion ($252 million) in its Hong Kong IPO, after pricing the offering at bottom of the indicative...
Corporate carve-outs: Who's selling?
Certain markets in Asia represent a target-rich environment for corporate carve-outs, but private equity firms must be patient in waiting for deals to emerge
KKR, Goldman to exit as CDPQ invests $155m in India's TVS Logistics
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest more than INR10 billion ($155 million) in India-based third-party logistics provider TVS Logistics, facilitating an exit for KKR and Goldman Sachs.
KKR platform Emerald Media commits $50m to Indian streaming site
Emerald Media, a pan-Asian media and entertainment investment platform founded by KKR, has committed $50 million to India and US-based video-streaming provider YuppTV.