Indan government quietly began preparing the ground for a new push to open up India's $450 billion retail sector to foreign firms.
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RIM considers splitting business in two: paper
BlackBerry maker Research in Motion is considering splitting its business in two. BlackBerry maker Research in Motion is considering splitting its business in two, separating its struggling handset manufacturing division from its messaging network, The Sunday Times reported.
Permira moves a partner for tech, media and telcoms to Asia
European private equity fund Permira is moving its first global technology, media and telecoms (TMT) partner to Asia as it eyes higher investments in the region.
Cinven bucks buyouts trend with two new deals
Private equity firm Cinven agreed two new deals to extend its reach into the fast-growing Turkish market and tap the resilient energy services sector.
Asia Private Equity Weekly News, June 25, 2012
News and developments in Asia private equity from Reuters News for the week ending June 22. News and developments in Asia private equity from Reuters News for the week ending June 22.
Latest News
Tesla Motors Inc Chief Executive Elon Musk on Friday made a stunning forecast: battery-powered cars will likely match the internal combustion engine in popularity by the middle of the next decade.
A series of high-level departures from BlackRock this month has raised questions about the direction of the world's largest money manager.
Italy's third-biggest lender, Banca Monte dei Paschi di Siena, has reached a deal to sell its 60 percent stake in a small unit for around 200 million euros.
Investment banking faces a shakeout and only large commercial players and boutiques offering outstanding service will survive and prosper, the head of emerging markets banking specialist Renaissance Group told Reuters.
European dairy firm Arla Foods Amba has tied up with China's baby food maker Biostime International to invest in adding production capacity for infant formula products.
U.S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel. U. S. private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, for about 100 billion yen ($1.
Private equity fund Carlyle Group (CG.O) is in talks with banks to refinance A$1.9 billion ($1.9 billion) in loans used to buy out Australian equipment hire company Coates Hire Ltd.
Mergers and acquisitions activity fell 25 percent worldwide in the first half of 2012 as global economic uncertainty reined in companies' expansion plans.
Chinese developer Sunac China Holdings agreed on Friday to pay 3.37 billion yuan ($529.52 million) in cash to buy stakes in property projects owned by debt-laden luxury home builder Greentown China.
