Official Record

Olympus enters Tata-Indo mining deal

Olympus Capital Holdings Asia to buy stakes in two Tata Power coal special purpose vehicles (SPVs), Bhira Investment Ltd. and Bhivpuri Investment Ltd., for $300 million – capital that will be allocated to fund the Indian power producer’s future acquisitions...

Yeoman’s work for Carlyle

The Carlyle Group, through its $2.55 billion Carlyle Asia Partners III LP fund, has agreed pay $175 million to take an 11.3% stake in the Chinese subsidiary of Thai animal feed maker C.P. Pokphand Co., the second-largest supplier of animal feed by sales...

Carlyle to take 13.6% stake in China Fishery

Singapore-listed China Fishery Group – which began operations as a North Pacific trawling business in 2001 – has announced it will issue new ordinary shares and warrants in a conditional private placement to the Carlyle Group, for a total consideration...

Fitness First to IPO

BC Partners-owned gym chain Fitness First is reportedly looking into an IPO on the Hong Kong, Singapore, Shanghai or Sydney stock exchanges in a public markets debut that could raise as much as $1.8 billion.

Korean government delays Woori sale

The Korean government has delayed the public announcement of its privatization plans for Woori Financial Group, owner of No. 3 Korean lender Woori Bank, likely looking to increase the value of the sale.

Affinity exits Loscam in PRC trade sale

After months of negotiation that supplanted a potential IPO, Affinity Equity Partners has exited its Australian pallet business Loscam – in a trade sale to PRC strategic player China Merchants Group.

Providence goes to Study Group

US media and TMT-focused private equity firm Providence Equity Partners has picked up CHAMP Private Equity’s education asset Study Group International, in a deal estimated at around A$600 million ($523.6 million).

Parkway Holdings playing hardball

The leading contenders to take majority control of Singaporean hospital management firm Parkway Holdings Ltd. have separately experienced hurdles in their quest to obtain their acquisition target, extending the highly contested race that began in March.

Khazanah may pick up Amanresorts

Malaysian SWF Khazanah Nasional, which has been more and more active in direct investments over the past 18 months, is now seeking to pick up a controlling stake in luxury resort chain Amanresorts from its current owner, Indian real estate developer DLF...

Consortium backs PRC housing needs

A consortium of investors including Warburg Pincus, CITIC Private Equity Funds Management,and Bohai Industrial Investment Fund Management, as well as private conglomerate Shanghai Fosun High Technology (Group), have made a joint investment of RMB2.6 billion...

Reliance sells India towers

The Blackstone Group, the Carlyle Group and TPG Capital are all in talks with number two Indian cellular provider Reliance Communications, part of India’s Reliance Anil Dhirubhai Ambani Group, over the spinout of the company’s cellular transmission...

KKR seeks Intelligence in Japan

US private equity giant Kohlberg Kravis Roberts & Co outbid rival the Carlyle Group and local private equity player Advantage Partners to reach final round talks with Intelligence Ltd., a recruitment services subsidiary of Usen Corp, Japan’s wire broadcasting...

WL Ross exits SpiceJet at a premium

Leading US investor Wilbur Ross and his flagship investment group WL Ross & Co. have exited from the 30% stake held since 2008 in Indian budget airline SpiceJet. The exit price was $127 million, yielding a 58% profit after just two years.

Carlyle Contract Aviation win

The Carlyle Group has consummated its extended pursuit of Contract Aviation Industries with an A$350 million ($291 million) buyout offer for the Australian aircraft and helicopter leasing company, which originally planned to launch an IPO in late March...