Australia's heavily indebted Nine television network sold its ACP Magazines division for around A$500 million.
CVC Capital Partners
Breaking News
Ontario Teachers' Pension Fund and private equity fund Unitas Capital have teamed up for a potential joint bid for Singapore-based industrial fastener maker Infastech in a deal worth over $750 million.
KKR has reached a first close of $3 billion for its $6 billion Asian fund.
Fiat and Ferrari's corporate parent Exor opted to pass because the price was too high.
News and developments in Asia private equity from Reuters News for the week ending May 25.
U.S. media executive Harry Sloan has approached private equity firm CVC Capital Partners CVC.UL to buy a controlling stake in Nine Entertainment.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies.
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