News >> Exits
Bessemer, Olympus investee Orient Green Power plans IPO
Bessemer Venture Partners and Olympus Capital investee Orient Green Power Company, a renewable energy developer, has filed with SEBI in India for an IPO, seeking to raise over $200 million.
ATO delay ominous for Oz PE
The Australian Taxation Office has delayed two rulings on profits from private equity transactions until end May, indicative of a harder stance on the issue, according to some observers.
TPG joins Bain on Lilliput
TPG Capital's growth capital arm is joining Bain Capital in its investment in Delhi-based children's clothing business Lilliput Kidswear.
ANZ targeting KEB?
Lone Star Funds' protracted exit from controversial investee Korea Exchange Bank (KEB) has taken a fresh twist with reports that Australia and New Zealand Banking Group (ANZ) is planning a $4 billion bid for its controlling stake in the asset.
Trikona exiting Fortis
Trikona Trinity Capital, a listed private equity firm floated on London's AIM board, is reportedly exiting its pre-IPO investment in India's Fortis Healthcare in stages.
Primus: No plans to exit EON
Primus Pacific Partners has stated publicly that it has no plans to exit Malaysian investee EON Capital Bhd, despite an earlier rejected $1.4 billion takeover bid by Hong Leong Bank.
Carlyle, CVC, Unison bidding for Q'sai?
The Carlyle Group, CVC Asia Pacific and Unison Capital Inc. have emerged as among the probable bidders for Japanese vegetable juice maker Q'sai Co., in what might become the largest buyout deal so far this year.
TPG launches China Grand Auto IPO
TPG Capital has engaged CICC and Goldman Sachs for a listing of its PRC investee China Grand Automotive Services Co Ltd., which could be worth up to $1 billion.
Daiwa SMBC sells Q'sai for over $1 billion
Daiwa SMBC Capital, the private equity arm of Daiwa Securities Group and Sumitomo Mitsui Financial Group, is reportedly selling investee Japanese juice maker Q'sai Co., in what could become the largest exit so far this year in Japan.
Investec Wentworth FOF moves from wine to wires
Australian mid-market firm Investec Wentworth Private Equity, part of the Investec group, has repositioned its First Opportunity Fund (FOF), an ASX-listed vehicle hitherto known as the First Wine Fund, as a backdoor listing platform for unlisted wholesale...
JinkoSolar relaunches IPO
JinkoSolar Holding Co., a Shanghai-headquartered manufacturer of photovoltaic solar cell products originally invested by Pitango Venture Capital, Shenzhen Capital Group, and China Israel Value Capital, has refiled for its NYSE IPO after postponing this...
GIC, Olympus investee China Minzhong boosts SGX PRC IPOs
Government of Singapore Investment Corporation (GIC) and Olympus Capital investee China Minzhong, a PRC vegetable producer and processor, is planning an S$237 million ($170 million) IPO in Singapore's biggest China listing since the GFC broke.
ICICI Venture exiting Metro Healthcare
ICICI Venture is in the process of exiting its 2006-vintage investment medical diagnostics lab group Metropolis Healthcare, but has yet to fix on a preferred buyer for its 25% stake, according to reports.
VC-backed PRC hotel chain rises on NASDAQ debut
China Lodging Group Ltd, an economy hotel chain operator in China, has debuted on NASDAQ with a 27% rise on its first day's trading.
Daiwa SMBC Principal plans to exit HMV
Daiwa Securities SMBC Principal Investments, the private equity unit of the Japanese brokerage house, is in negotiations to sell its portfolio company HMV Japan to Culture Convenience Club, operator of the Tsutaya DVD and CD rental chain.
Carlyle sells stake in Japan's Kito to Finland
The Carlyle Group is reportedly to sell a 22% stake in its Japanese portfolio company Kito Co., a crane maker, to Finland's leading crane manufacturer Konecranes, in a deal estimated over JPY3 billion ($32.6 million).
GA, Oak Hill in $417 million Genpact stake sale
General Atlantic and Oak Hill Capital Partners are reportedly due to sell some of their remaining stakes in Indian NYSE-listed BPO major Genpact, in a transaction totalling some $417 million.
Kleiner, Sherpalo partly exit Info Edge
Kleiner Perkins Caulfield & Byers and Sherpalo Ventures have reportedly sold some 4.08%, almost their complete stake, in Info Edge, the company behind Indian job search website Naukri.com.
GA investee Zhongsheng IPOs at bottom end
General Atlantic China investee car dealer Zhongsheng Group has reportedly priced its Hong Kong IPO, formerly planned to raise $800 million-$1 billion, close to the bottom of its range, with a yield of around $369 million.
Sequoia exits Times Internet
Sequoia Capital India has reportedly exited Times Internet, a legacy asset from its previous incarnation as WestBridge Capital Partners, through a management share buyback.
J-WILL Partners sells Hotel Kinugawa Gyoen
Japanese independent investment firm J-WILL Partners is reportedly exiting its investee property Hotel Kinugawa Gyoen to a strategic player, Ooedo Onsen Monogatari, for an undisclosed sum.
CVC AP exiting Minit: Advent in frame
CVC Asia Pacific is reportedly seeking to sell off its Japan-headquartered pan-Asian shoe repair and key-cutting investee Minit Asia Pacific, with Advent International and local firm Wise Partners apparently among the bidders, in an auction likely to...
RHJ completes U-Shin exit
RHJ International, the Belgium-based holding company operated by US buyout firm Ripplewood Holdings, has reportedly completed its exit from Japanese electrical auto parts player U-Shin.
CHAMP to offload Healthcare Australia
Australian buyout firm CHAMP Private Equity is reportedly exploring ways to sell its Healthcare Australia business, a transaction that could come in at A$320 million ($292.5 million).