Daikin buys Goodman for $3.8 billion, gains access to North America

Daikin Industries Ltd will buy Goodman Global Inc for $3.8 billion. Daikin Industries Ltd will buy Goodman Global Inc for $3. 8 billion, gaining greater access to the North American market and making the Japanese company the world's largest maker of heating, ventilation and air-conditioning (HVAC) systems.


Permira raises $750 mln in casino operator Galaxy share sale -sources

European private equity firm Permira has raised $750 million by selling around half of its stake in Macau casino operator Galaxy Entertainment Group Ltd.

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals. The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Wednesday:** Private equity firm KKR & Co.

Bharat Forge founders to raise $300 mln in wind energy arm-sources

The founders of Indian auto components maker Bharat Forge are in talks with private equity firms to sell a $300 million stake in their wind energy firm Kenersys.


Latest News

Blackstone (BX.N), Bain Capital, KKR & Co (KKR.N) and Dubai's Abraaj Capital have been shortlisted for the second phase of an auction of a fifth of private Indonesian healthcare operator Siloam.
Dubai International Capital sold its stake in a $300 million Middle East North Africa infrastructure fund to Islamic investment firm Fajr Capital.
News and developments in Asia private equity from Reuters News for the week ending Aug. 24. News and developments in Asia private equity from Reuters News for the week ending Aug.
Aluminum Corp of China Ltd (Chalco) said it planned to increase the size of a private placement of Shanghai-listed shares by 15 percent.
A number of bidders have emerged for the coating resins business of Cytec Industries Inc that could raise up to $1.3 billion.
Morgan Stanley Infrastructure Partners (MSIP) has increased its ownership stake to 100 percent of the Common Equity of Southern Star Central Corp.
Chenal Media has shifted more of its focus to motion picture properties with $7 million in Series B funding.
Novira Therapeutics Inc. has secured $23 million in Series A financing. Novira Therapeutics Inc. has secured $23 million in Series A financing to support the development of its capsid-targeting antivirals for the treatment of chronic hepatitis B (HBV) and HIV infections.
European private equity firm Permira's PERM.UL is buying Japan's largest sushi restaurant chain for $1 billion including debt.
Private equity firms American Securities LLC and Apollo Global Management LLC (APO.N), and Linamar Corp (LNR.TO), have submitted bids for U.S. auto parts supplier Metaldyne.