Mumbai-based Aditya Birla Private Equity, an Aditya Birla Group subsidiary, has started raising capital for a sector-agnostic $250m fund.
2 min read · 05 January 2013
Daewoo's creditors have opted to restructure the company rather than sell it. It marks the third failed attempt to sell the embattled electronics maker to a private equity group since Ripplewood first tried to buy the company in 2006. A deal with Morgan Stanley's Asian private equity arm fell apart last year.
2 min read · 05 January 2013
The Seoul-based joint venture fund between Darby Overseas Investments and Hana Bank has invested 35bn Korean won to help expand the generating capacity of Gangwon Wind Power.
2 min read · 05 January 2013
Global Investment House has acquired a majority stake in transport and logistics company Jassim Transport & Stevedoring in a deal the firm claims is the largest private equity buyout ever in Kuwait.
2 min read · 05 January 2013
The South Asian nation had a 45% drop in total deal value and a 24% decline in the total number of deals announced in 2008 compared to 2007.
2 min read · 05 January 2013
Taxes on capital gains from private equity investments may be scrapped as Japan looks to stimulate investment activity and to address the credit squeeze.
2 min read · 05 January 2013
The China-focused joint venture between the Belgian and Chinese firms has already garnered commitments of about RMB2bn for its second fund focused on growth capital and pre-IPO investments.
1 min read · 05 January 2013
CDH Investments has teamed up with Goldman Sachs to provide growth capital funding to Himin Solar Energy Group. The capital will help push the company, which makes products like solar water heaters and solar lamps, towards an initial public offering.
1 min read · 05 January 2013
Huntsman is due to receive a $1bn break-up fee from various parties involved in the failed deal, which was originally agreed in August 2007 as a $10.6bn add-on acquisition.
2 min read · 05 January 2013
Global infrastructure specialist Macquarie and the Abu Dhabi Commercial Bank have already raised more than half the fund.
1 min read · 05 January 2013
