Actis related stories
All articles and analysis
AES to sell Cameroon businesses to ActisThe AES Corporation is to sell its electric generation and distribution businesses in Cameroon to Actis, a global pan-emerging market investor, for $220 million of net equity proceeds. Total net equity proceeds from the three sales are expected to be $236 million.
- CVC-South Beauty talks show shift to majority stake sales in China-Reuters
A potential deal for CVC Capital Partners CVC.UL to buy a majority stake in a Chinese restaurant chain highlights a growing willingness by smaller China firms to cede control to foreign private equity amid unfavorable IPO prospects, Reuters reported.
peHUB First ReadTo ring in your hump day, First Read brings you news about the first bitcoin ATM opening in Vancouver, the Treasury Department books a $9.7 billion loss on GM and people living near the new Sriracha factory in California say their eyes are burning.
- Actis in $48m India healthcare deal
The private equity firm has acquired a ‘significant stake' in Indian pharmaceutical company Symbiotec as it raises its third emerging markets fund.
- Actis hires new IR head
The appointment of Neil Brown comes as the firm attempts to wrap up fundraising for its Actis Global 4 vehicle, which is targeting $1.6bn.
- Actis invests in Indian pharma company - Reuters
Private equity firm Actis has invested $48 million in Indian pharmaceuticals company Symbiotec Pharmalab for a significant stake, writes Reuters. Symbiotec is a specialist producer of steroid-hormone active pharmaceutical ingredients and has over 200 customers, including large multinationals as well as generic pharmaceutical companies.
- Actis makes two senior hires
Pan-emerging markets private equity firm Actis has appointed Sachin Korantak as head of industrials and Andreas von Paleske as director of consumer. Both Sachin and Andreas take up their posts with immediate effect and will be based in Actis’s London office.
- Private equity vets to launch African trade group
Founded by seven established private equity firms, the East Africa Venture Capital Association will launch on 7 November.
- CDC hires Asia MD
The UK development finance institution has hired Alagappan Murugappan to replace Anubha Shrivastava, who left the firm last year.
- TPG-backed Northstar plans $1 bln SE Asia fund as global rivals circle
TPG Capital-backed private equity firm Northstar Group is seeking to raise around $1 billion in a new fund to invest in Southeast Asia’s fast-growing economies, people familiar with the matter told Reuters.