East Asia

Milestone makes it five exits for the year(2)

Anglo-French buyout firm Milestone Capital Partners has completed another exit from its third fund with the sale of dry cleaning business 5àSec. It has now returned 60 percent of investors’ commitments with over half of its original deals still in the portfolio.

Milestone makes it five exits for the year

Anglo-French buyout firm Milestone Capital Partners has completed another exit from its third fund with the sale of dry cleaning business 5àSec. It has now returned 60 percent of investors’ commitments with over half of its original deals still in the portfolio.

Tudou.com raises $19m from US, Asian firms

General Catalyst Partners, a US venture capital firm, and Capital Today, a Chinese private equity firm, recently led a $19 million funding round for Tudou.com, one of China’s most popular internet video website.

CVC to buy Samsonite for $1.7bn(2)

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

Global buys SAR300m textile business(3)

Kuwait investor Global Investment House has bought Saudi Arabian textile business Ajlan Bin Abdulaziz Al Ajlan & Brothers ’Ajlan. The company’s value corresponds to roughly two thirds of its revenues.

CVC to buy Samsonite for $1.7bn

European private equity firm CVC Capital Partners has agreed to buy US-based Samsonite Corporation, a designer and manufacturer of luggage. The deal is part of a drive to increase CVC’s US presence.

CVC snaps up chemicals business from AlpInvest(3)

AlpInvest Partners has sold Belgian chemical producer Taminco to CVC Capital Partners for €800 million.

CVC snaps up chemicals business from AlpInvest(2)

AlpInvest Partners has sold Belgian chemical producer Taminco to CVC Capital Partners for €800 million.

CVC snaps up chemicals business from AlpInvest

AlpInvest Partners has sold Belgian chemical producer Taminco to CVC Capital Partners for €800 million.

Baring Asia completes first deal in Japan(3)

Baring Asia has completed its first buyout in Japan, a market it has been targeting since it closed a $490 million fund last year. The firm’s successes elsewhere in the region are beginning to attract the attention of investors.