Alvin Jiang has a knack for landing lucrative deals in China, the world's biggest emerging market for private equity. He is a founding partner at Hong Kong-based Boyu Capital, now one of the hottest firms in China. Boyu has attracted high-profile investors such as Asia's richest man, Li Ka-shing, and Singapore's sovereign wealth fund, Temasek Holdings Private Limited.
10 min read · 10 April 2014
Chinese pork giant WH Group Ltd has launched a Hong Kong initial public offering of up to $5.3 billion, the second-biggest ever IPO by a food and beverage company, writes Reuters. WH Group and some of its shareholders are offering 3.65 billion shares in a range of HK$8.00 to HK$11.25 each, putting the total deal at up to HK$41.06 billion ($5.3 billion).
2 min read · 10 April 2014
Private equity firm CVC Capital Partners Ltd is in advanced talks to sell its printing-ink maker, Flint Group, to Koch Industries and Goldman Sachs Group's private equity arm, sources told Reuters.
1 min read · 09 April 2014
Spanish olive oil bottler Deoleo , the target of a takeover battle that has taken on political dimensions, said on Wednesday that British private equity firm CVC Capital Partners had made the best bid for the company.
2 min read · 09 April 2014
Question-and-answer service Quora has raised $80 million in funding led by financier Tiger Global, the latest in a group of no-revenue startups to land outsized checks from investors.
2 min read · 09 April 2014
Singapore state investor Temasek is further opening up its private equity investments to outside investors, as the $170 billion investment firm broadens an investor base that may eventually include retail investors.
2 min read · 09 April 2014
The largest shareholder in Belgian medical supplies company Arseus has sold its entire stake in a private placement, writes Reuters. Arseus said in a statement that Dutch-Belgian firm Waterland Private Equity had sold 8.36 million shares, representing 26.67 percent of Arseus's outstanding capital.
1 min read · 09 April 2014
Japanese railway and property conglomerate Seibu Holdings slashed the price of its initial public offering and said its largest shareholder, US private equity firm Cerberus, would not participate in one of Japan's biggest IPOs this year, writes Reuters. Seibu dropped the tentative price of its IPO by as much as 30 percent to 1,600 to 1,800 yen per share from the initial estimate of 2,300 it had announced in March.
2 min read · 09 April 2014
Private equity firm Apax Partners LLP is exploring a sale of Advantage Sales & Marketing Inc (ASM) that could value the consumer marketing solutions provider at between $3 billion and $4 billion, according to people familiar with the matter.
2 min read · 08 April 2014
Private equity firm Apax Partners LLP is exploring a sale of Advantage Sales & Marketing Inc that could value the consumer marketing solutions provider at between $3 billion and $4 billion, sources told Reuters.
2 min read · 08 April 2014
