News and developments in Asia private equity from Reuters News for the week ending June 1. News and developments in Asia private equity from Reuters News for the week ending June 1.
Archives
Deals of the day -- mergers and acquisitions
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
China phone firm Xiaomi to get $4 billion valuation after new funding: source
Chinese smartphone maker Xiaomi Technology is in the process of closing a fundraising round that will value it at $4 billion - almost half of Nokia's (NOK1V.HE) market capitalization.
Russia-China fund to form, eyes forestry deal
A multibillion-dollar investment fund set up by Russia and China is expected to make its first investment, into a Russian forestry company.
Australia's Brambles scraps $2 bln sale of Recall unit
Australia's Brambles Ltd , the world's biggest pallet supplier, said on Monday it was scrapping a planned sale of its $2 billion Recall information management business because of low offers.
Latest News
Billionaire investor George Soros has received regulatory approval to enter the Brazilian telecom fray.
Canada's biggest telecommunications company, BCE Inc (BCE.TO), has joined with a group of private equity fund managers to buy data center company Q9 Networks Inc for C$1.1 billion ($1.06 billion).
Private equity firm Thomas H. Lee Partners is in final discussions to buy Party City. Private equity firm Thomas H. Lee Partners is in final discussions to buy Party City, North America's largest retailer of party goods such as balloons and Halloween costumes, for as much as $2.
New venture capital firm plans to invest in emerging technology companies focused on transforming the $10 trillion global hospitality industry.
Australia's bourse operator, ASX Ltd (ASX.AX), said on Friday it may buy share registry Link Market Services from Pacific Equity Partners.
A Russian state firm has offered to buy BP's half share in its huge oil joint venture. A Russian state firm has offered to buy BP's half share in its huge oil joint venture, a source said on Friday, in what would amount to a stunning reversal for the British firm and a bold assertion of Kremlin control over the oil sector.
Private equity property funds run by Blackstone and Morgan Stanley have agreed to pay A$640 million ($621 million) to acquire a A$1.9 billion portfolio of distressed property loans in Australia.
Japanese buyout firm Unison Capital is seeking a buyer for its popular sushi restaurant chain Akindo Sushiro.
A field of mainly private equity firms has tabled offers for logistics group GEFCO. A field of mainly private equity firms has tabled offers for logistics group GEFCO, valuing the business that ships cars around the world for French auto maker PSA Peugeot Citroen at up to 1.
