Australia's Tanarra Capital has hired credit market veterans Michael Tierney and Peter Szekely to set up a fund focussed on Asian loans.
2 min read · 05 October 2016
Hong Kong-based Bank of East Asia (0023.HK) said it has agreed to sell its share registry arm Tricor Holdings to private equity firm Permira for HK$6.5 billion ($837.91 million) in a deal that will bolster the lender's capital reserve.
2 min read · 05 October 2016
British private equity firm SVG Capital Plc said on Tuesday it would sell half of its investment portfolio for 379 million pounds and wind down operations by the end of 2017.
1 min read · 04 October 2016
Hong Kong tycoon Peter Woo's Wharf Holdings Ltd (0004.HK) has agreed to sell its telecom business to a consortium of TPG Capital Management LP and MBK Partners for HK$9.5 billion ($1.22 billion), a source told Reuters.
1 min read · 04 October 2016
Private equity group Baring Asia said on Monday it had bought Cath Kidston, the British fashion and homewares brand known for its floral prints, for an undisclosed sum, the two firms said on Monday.
1 min read · 04 October 2016
Travel booking site GoEuro has raised $70 million in a new funding round led by top Silicon Valley investors becoming one of the few European venture-funded firms to bridge the funding gap that stops promising start-ups from later stage expansion, Reuters reported.
2 min read · 04 October 2016
Bahrain-based private equity investor Investcorp said on Tuesday that a subsidiary was being sued by New York-based investment manager Kortright Capital Partners.
1 min read · 04 October 2016
Electra Private Equity priced the initial public share offer for its Premier Asset Management Group on Tuesday, giving the business a market value of 140 million pounds ($179 million) and raising hopes of a pick-up in new UK share listings after a relatively barren year, Reuters reported.
2 min read · 04 October 2016
U.S. private equity firm KKR & Co LP has told investors it will refrain from launching a new fund targeting small- and medium-sized companies in China and will instead focus on larger, more profitable buyouts, people familiar with the plans told Reuters.
2 min read · 04 October 2016
Bass Pro Shops said on Monday it will acquire Cabela's Inc for $5.5 billion, combining two meccas for outdoor enthusiasts, even as the deal may face antitrust scrutiny given that the hunting and fishing retailers overlap in several U.S. states, Reuters reported.
3 min read · 04 October 2016
