Carlyle Group-backed Japanese ball-bearings maker Tsubaki Nakashima Co has called off a $555 million initial public offering, citing weak market conditions, writes Reuters. Carlyle, which owns 95 percent of Tsubaki Nakashima, had planned to sell 26.5 million shares, or 70 percent of its holdings in the company in an initial public offering which could have raised as much as 43.4 billion yen ($555 million).
2 min read · 24 September 2012
Two more Asia-based private equity firms have joined the fundraising bandwagon, seeking a combined $4.25 billion writes Reuters. North Asia-focused private equity firm MBK Partners is planning to raise as much as $2.25 billion for its third pan-Asia buyout fund, while China's CDH Investments is tapping investors for as much as $2 billion, writes Reuters.
2 min read · 24 September 2012
2 min read · 24 September 2012
2 min read · 21 September 2012
3 min read · 21 September 2012
3 min read · 21 September 2012
2 min read · 21 September 2012
2 min read · 21 September 2012
Private equity firms including KKR, Platinum Equity Partners, Thomas H. Lee Partners, as well as strategic bidders, are set to bid on a catalog of music being auctioned by Sony/ATV.
2 min read · 20 September 2012
Are Internet companies back in vogue with QE3? It sure looks like it--coming on the heels of Zillow's successful 2011 IPO, Trulia's shares rise in their first day of trading.
2 min read · 20 September 2012
