Korean bank Kookmin has agreed to purchase a controlling stake in Korea Exchange Bank, but will not be paying for it until prosecutors’ investigations into vendor Lone Star are completed.
1 min read · 31 December 2012
Australian investment bank Macquarie has held an initial close of its European infrastructure fund on €618m and reported a 13% increase in profits in its annual results.
2 min read · 31 December 2012
The Nordic buyout firm has reportedly paid €1.3 billion to acquire German television, broadband and telephony provider Kabel BW from Blackstone and Caisse de Depot et Placement de Quebec.
2 min read · 31 December 2012
A government agency of Abu Dhabi has established an infrastructure fund, which Macquarie Bank and Abu Dhabi Commercial Bank will co-manage and provide 25 percent equity.
2 min read · 31 December 2012
Despite the recent departure of two senior executives, investment activity at DB Capital Partners, the private equity arm of Deutsche Asset Management in Australia, is showing no signs of a slowdown.
2 min read · 31 December 2012
Prosecutors in Seoul have indicted the head of Warburg Pincus in Korea on charges of insider trading in LG Card, an investment from which the private equity firm exited in 2003.
2 min read · 31 December 2012
Japanese private equity firms Unison Capital and Polaris Principal Finance concluded a rare secondary deal in the sale and purchase of a controlling stake in Japanese drug store chain Eleven Holdings.
2 min read · 31 December 2012
Japanese venture capital firm Japan Asia Investment Co and Malaysian bank Maybank are co-anchoring a private equity fund aimed at investment opportunities in five Southeast Asian countries.
2 min read · 31 December 2012
Bain Capital and Japanese private equity firm Advantage Partners are to acquire a payment systems provider in a transaction that marks Bain’s first in Asia since the closing of its ninth global fund.
2 min read · 31 December 2012
Switzerland-headquartered alternative asset management firm Partners Group has held a final closing for a dedicated Asian fund of funds on a capped total of $375m.
1 min read · 31 December 2012
