Global Investment House has purchased a controlling stake in Al Sawani and will be injecting another $100m in the company to fund its regional acquisitions.
2 min read · 05 January 2013
The two private equity firms are reportedly looking to sell the Singaporean metal stamping company for about S$1bn just over a year after acquiring it for S$552m. KKR, CVCI and Affinity Equity Partners are potential buyers, initial reports suggest.
2 min read · 05 January 2013
The sovereign fund, which has received US antitrust approval to raise its stake in Merrill Lynch, has doubled its profits to S$18.2 billion. Though it predicts continued credit market fallout will dampen the economy, Temasek has indicated it will continue to do direct deals in financial services.
3 min read · 04 January 2013
The India-focused fund manager is backing the expansion of a Mumbai-based pre-school operator with a $7m capital infusion.
2 min read · 04 January 2013
The Asia-focused private equity firm is backing the expansion plans of RSP Design Consultants - Baring's second investment in the construction and infrastructure services sector in India this year.
2 min read · 04 January 2013
Olympus has made its fourth Chinese investment with a growth capital infusion in Zhongwang International, the world's third largest aluminium profile company.
1 min read · 04 January 2013
SHUAA Capital has raised $240m for the first close of its hospitality fund focused on Saudi Arabia, ‘the first private equity fund domiciled in the Kingdom'. The fund will develop 17 hotels, apartments and resorts in the country.
2 min read · 04 January 2013
CHAMP Private Equity will reportedly sell United Malt and International Energy Services, as it plans to hit the fundraising track for its third buyout fund.
1 min read · 04 January 2013
Trading of Peace Mark shares has been suspended following an indicative offer from CVC Asia Pacific, which has made four investments in Greater China in the last 12 months. Peace Mark has exclusive arrangements with brands including De Beers and Gucci-owned Boucheron and has a $241m market cap.
2 min read · 04 January 2013
CLSA Capital Partners has invested $30m to back the expansion of a fibreglass yarn-maker. Giving the firm an eventual 14 percent stake in Fulltech Fiber Glass, it is the seventh investment from the firm's pan-Asian growth fund.
2 min read · 04 January 2013
