Asia-Pacific

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.

China to set up $200 billion investment fund(3)

China’s recent $3 billion investment in The Blackstone Group may have been the tip of the iceberg, as the government prepares to launch a $200 billion investment fund modeled on Singapore’s Government Investment Corporation.

CVC snaps up chemicals business from AlpInvest(2)

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

Apollo to list on Goldman exchange(2)

Apollo will reportedly become the second major alternative asset manager to list a portion of its management company on Goldman’s private exchange. The private float is expected to follow sales of minority stakes to Abu Dhabi and possibly CalPERS.

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.

Goldman Gao Hua head to raise domestic Chinese fund(2)

Gao Hua chief Fang Fenglei plans to raise a domestic fund that will allow him to sidestep Chinese investment regulations that plague foreign firms.