HONG KONG, Mar 10 (Reuters) – News and developments in Asia private equity from Reuters News for a week finale Mar 14.
INDIAN SILK and trinket tradesman Kalyan Group is holding apart talks with Blackstone Group, TPG Capital Management and Temasek Holdings to sell a minority interest for $200-$250 million, dual sources with approach believe of a matter told Reuters.
A TEMASEK-led shareholders organisation has offering to compensate $2.1 billion in money for shares in Olam International Ltd they don’t already own, putting a heft of a Singapore state financier behind a commodity trade firm’s diseased change sheet.
SHARES IN a Chinese thesis park user and genuine estate developer sank during slightest 16 percent in their Hong Kong entrance on Thursday as worries about a debility in China’s economy left a altogether batch marketplace trade around a one-month low.
JAPANESE PRIVATE equity organisation Unison Capital is lifting 60 billion yen ($581 million) for a fourth fund, with direct for collateral from buyout firms approaching to grow as companies demeanour to enhance their businesses.
CHINA’S LARGEST e-commerce association Alibaba Group Holding has concluded to buy a determining interest in ChinaVision Media Group Ltd for $804 million, giving it entrance to TV and film calm as foe in a world’s biggest Internet marketplace becomes increasingly cutthroat.
MIZUHO BANK and Sumitomo Mitsui Banking Corp are finalising a roughly 140 billion yen ($1.38 billion) financing to behind KKR Co’s buyout of Panasonic Healthcare Co Ltd, Basis Point reported citing a banking source.
IHH HEALTHCARE Bhd, Asia’s largest sanatorium user by marketplace value, is deliberation creation a A$5 billion ($4.5 billion) offer for Australian medical organisation Healthscope, a chairman informed with a matter told Reuters.
BARING PRIVATE Equity Asia’s Nord Anglia Education pronounced it will sell 19 million typical shares during between $15 and $17 a share in a designed U.S. listing.
TENCENT HOLDINGS Ltd’s new partnership with China’s No. 2 online tradesman JD.com takes aim during widespread opposition Alibaba’s Achilles heel – a debility in mobile – in a pierce set to reshape a country’s e-commerce industry.
PRIVATE EQUITY hulk TPG skeleton to sell 56 plantation properties of Australia’s largest ornithology firm, Ingham Enterprises, for adult to A$650 million ($590 million), a skill representative obliged for a sale told Reuters.
- Private Equity Hedge Funds
- Mergers, Acquisitions Takeovers
- Blackstone Group
- Temasek Holdings
- Kalyan Group