Baring Private Equity Asia has joined forces with the private sector arm of the World Bank to invest $47 million in a Chinese producer of environmentally-friendly refrigerants.
1 min read · 04 January 2013
Vestar Capital Partners, a US mid-market buyout specialist, has ended its hiring spree with the appointment of Susumu Sekihata, the seventh member of its Japan affiliate.
1 min read · 04 January 2013
India’s YES Bank is looking to raise $100 million for a new private equity fund to help scale medium sized business in the food and agribusiness sectors.
2 min read · 04 January 2013
Pacific Equity Partners will not give up on Flight Centre, an Australian travel agency it failed to acquire via a public-to-private process just a few months ago. The Australian buyout firm is now offering to acquire a 30 percent interest in the company via a proposed joint venture structure.
2 min read · 04 January 2013
Alinta is backing a $6.66 billion takeover offer from Babcock & Brown instead of a rival bid by Macquarie, as the Australian energy utility is convinced the former offers a “high degree of completion certainty.”
2 min read · 04 January 2013
Singapore’s Temasek Holdings is acquiring a 12 percent stake in ABC Learning Centres, an Australian childcare group with centres across its home country, New Zealand, the US and UK, via a proposed new share placement.
2 min read · 04 January 2013
Southern Cross Ventures Partners is an early stage venture firm that aims to bring Australian innovations to Silicon Valley. It has raised A$170 million, A$30 million shy of its final target.
1 min read · 04 January 2013
Hong Kong-based Baring Private Equity Asia has made two investments totalling about $100 million in China’s steel-related industry, a sector the firm had identified early last year when it was out of favour.
1 min read · 04 January 2013
Affinity Equity Partners appears bent on buying out the remaining 16 percent shares it failed to acquire in Australia-listed Colorado via an earlier take-private attempt. The fresh offer is 32 percent higher despite unsatisfactory results by the clothing retailer.
2 min read · 04 January 2013
Kohlberg Kravis Roberts is looking to the experience of Shusaku Minoda, a retired Japanese banker, to lead its efforts in a market most international buyout groups have had a tough time cracking.
1 min read · 04 January 2013
