The sale of the power company comes a week after Temasek said it had scrapped the auction, citing unfavourable market conditions. It has now sold all three of its power companies in 2008 for a sum of S$11.7bn.
2 min read · 05 January 2013
Australian software company MYOB has rejected the consortium's A$437m offer, saying it represents an 'unusually skinny' premium.
2 min read · 05 January 2013
The Chinese sovereign fund has reportedly hired Zhou Yuan, former China head of global investment bank UBS.
1 min read · 05 January 2013
Asia-focused Olympus has teamed with US venture firm Bessemer on a $55m investment in Orient Green Global.
1 min read · 05 January 2013
The emerging markets fund investment specialist has opened its first Asian office, headed by Judy Qing Ye, formerly a director of strategic investments at Hewlett-Packard in China.
2 min read · 05 January 2013
Tata's financial services arm has hired Harshawardhan Sabale as it moves closer towards the launch of its maiden fund.
2 min read · 05 January 2013
The Dubai-based private equity firm is teaming up with government organisations, financial institutions and family offices to create Enaya, which it wants to be the UAE’s largest healthcare service provider. The company plans to deploy $1.2bn for add-on acquisitions.
2 min read · 05 January 2013
The Swiss asset manager and the Middle East investment firm are both committing $40m to the fund, which will make investments in oil and gas services, financial services, and light and medium industries.
2 min read · 05 January 2013
MBK will reportedly buy Doosan Technopack for about $286m, half of which would be debt assumption.
1 min read · 05 January 2013
The close comes three months after the unification of India-focused Erasmic Venture Fund and Accel Partners.
1 min read · 05 January 2013
