Private Equity
Malaysia’s CIMB Group Holdings Bhd Chairman Nazir Razak, along with four prominent Southeast Asian business leaders, plan to start a regional private equity fund that will look to raise up to $1 billion, sources told Reuters.
2 min read · 10 November 2017
Three partners focused on investing in European companies have left TPG in recent months, leaving just two at the U.S. buyout firm in Europe working on new private equity deals, sources told Reuters.
2 min read · 10 November 2017
India’s Axis Bank Ltd said on Friday it will raise 116.26 billion rupees ($1.78 billion) by selling shares and convertible warrants to investors including Bain Capital and top Indian insurer Life Insurance Corp.
1 min read · 10 November 2017
Private equity firm Carlyle Group LP is exploring a sale or initial public offering of Ortho-Clinical Diagnostics Inc, a U.S. diagnostics company that could be valued at more than $7 billion, including debt, sources told Reuters.
2 min read · 10 November 2017
Razer Inc, a gaming hardware maker backed by Intel Corp (INTC.O) and Hong Kong billionaire Li Ka-shing, has priced its initial public offering (IPO) near the top end of the range, raising HK$4.12 billion ($528 million), IFR reported on Tuesday.
1 min read · 10 November 2017
The former chairman of fund manager Man GLG and the ex-president of Vornado Realty Trust are behind a buyout vehicle that will seek deals in the real estate and hospitality sectors, according to marketing materials seen by Reuters on Thursday.
2 min read · 09 November 2017
Saudi budget airline Flynas, part owned by Saudi billionaire Prince Alwaleed Bin Talal’s firm, is pressing ahead with an initial public offering and has selected Morgan Stanley (MS.N) to work on it, sources told Reuters.
2 min read · 09 November 2017
Goldman Sachs Group Inc (GS.N) led a $10 million investment in Crux Informatics Inc, a U.S.-based technology startup that enables financial institutions to outsource the processing of data to gain business insights, Reuters reported.
2 min read · 09 November 2017
Chinese electric vehicle startup Nio has raised more than $1 billion in its latest fundraising round, led by existing investor Tencent Holdings Ltd, valuing the firm at about $5 billion, sources told Reuters.
2 min read · 09 November 2017
Hong Kong-based Baring Private Equity Asia is aiming to raise $6 billion in a new Asian fund, as investors hungry for growth in emerging markets fuel a regional fund-raising bonanza, Reuters reported.
2 min read · 09 November 2017