Private Equity
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
The joint venture to provide growth capital to Chinese companies was created in 2006 with commitments of $90m each from Lehman Brothers and International Business Machines.
1 min read · 05 January 2013
Carlyle is reportedly demanding $206m in estimated profits lost due to a Sequoia executive allegedly backdating an agreement with a Chinese medical research company to win the deal.
1 min read · 05 January 2013
The global private equity firm is to buy a 55% stake in Shriram Retail, having originally offered to acquire a 49% stake for $120m.
1 min read · 05 January 2013
China’s $200bn sovereign wealth fund has said that it will not pump money into troubled western financial institutions citing a lack of ‘sincere cooperation’ on the part of the US government.
2 min read · 05 January 2013
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
The private equity firm may back a dairy business that has been linked to a milk scandal in China. The scandal resulted in the deaths of four infants, and the illness of more than 50,000 people after dairy products were found to be contaminated.
1 min read · 05 January 2013
The firm will pay roughly HK$2.4bn to add Natural Beauty on to existing portfolio company Global Radiance.
1 min read · 05 January 2013
The private equity firms acquired Europe’s largest food and beverage vending machine maker from Merrill Lynch Global Private Equity and Argan Capital using about €600m of debt arranged by eight lenders.
1 min read · 05 January 2013
European buyout firm EQT will own 85% of KMD following the buyout from Local Government Denmark to be completed in early 2009.
2 min read · 05 January 2013