Sharon Lim

KKR files for $1.25bn listing(3)

Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.

Buyout interest in Coles ends as Wesfarmers continues(3)

All eight of the large buyout firms in the race to buy Coles Group, Australia’s second largest retailer, have now dropped out of the running. Trade buyer Wesfarmers is now expected to complete the $19 billion transaction, which will be the largest in the country to date, without private equity support.

KKR files for $1.25bn listing(2)

Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.

TPG, Affinity make $1.4bn offer for UTAC(3)

TPG Capital and Affinity are proposing to delist a Singapore-listed semiconductor company for $1.4 billion. The offer follows a failed $1.6 billion buyout offer from Temasek Holdings for STATS ChipPac, another Singapore-listed chip company.

KKR files for $1.25bn listing

Kohlberg Kravis Roberts will become the latest alternative asset manager to raise funds on the public market, after revealing plans for a $1.25 billion initial public offering on the New York Stock Exchange before the end of the year.

Istithmar acquires control stake in $130m Bangkok hotel(3)

Istithmar has acquired a control stake in a $130 million hotel being developed in the heart of Bangkok’s commercial district. It is the latest in a series of planned investments in the region by the Dubai-based group.

CDC commits $100m to two China funds as regulations tighten(2)

CDC has committed $100 million to two China-focused funds – CDH China Fund III and CITIC Capital Partners’ maiden China fund.

Affinity, TPG to finance UTAC deal with cov-lite loan(3)

Affinity Equity Partners and TPG Capital are planning to finance a $1.4 billion buyout of Singapore-listed United Test & Assembly Centre with a covenant-lite loan, as increased competition between lenders leads to greater flexibility for investors in the region.

Buyout giants pull out of race for Coles(2)

TPG, Carlyle and Blackstone have pulled out of the formal race for Coles, an Australia-listed retailing group, but their consortium has indicated an interest in discussing an alternative investment structure.

China to set up $200 billion investment fund(2)

China’s recent $3 billion investment in The Blackstone Group may have been the tip of the iceberg, as the government prepares to launch a $200 billion investment fund modeled on Singapore’s Government Investment Corporation.