Russian state railway monopoly Russian Railways has considered bidding for French carmaker Peugeot's logistics division GEFCO, according to materials produced for a Russian Railways' board meeting seen by Reuters on Thursday.
Regions
Obama ratchets up private equity program
The Obama administration has been ratcheting up its participation in the private equity market. The Obama administration has been ratcheting up its participation in the private equity market - even as Republican presidential candidate Mitt Romney comes under criticism for his private equity record at Bain Capital.
ECM launches combined loan-bond fund
European credit manager ECM is seeking to raise up to 500 million euros for a fund to invest in the loans and bonds of highly-leveraged companies.
Blackstone invests $43.69 mln in Indian fragrance maker
The Blackstone Group LP has invested 2.43 billion rupees ($43.69 million) to buy a significant minority stake in unlisted Indian fragrance maker SH Kelkar & Company.
Australia's Nine sells unit for $500 mln but loss looms for owner CVC
Australia's heavily indebted Nine television network sold its ACP Magazines division for around A$500 million.
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European private equity firm Permira has raised $750 million by selling around half of its stake in Macau casino operator Galaxy Entertainment Group Ltd.
European private equity firm Permira's PERM.UL is buying Japan's largest sushi restaurant chain for $1 billion including debt.
AOptix has closed a $42 million Series E round of funding. AOptix (www. aoptix. com), a technology innovation company applying optics to transform identity verification and wireless communications, today announced that it has closed a $42 million Series E round of funding.
Brazilian online fashion retailer Dafiti said on Tuesday that it would receive $45 million from J.P. Morgan Asset Management in a cash-for-equity deal.
Global buyout fund KKR & Co L.P said on Wednesday that it will acquire a stake in privately held retailer Novo Holdco Ltd for $30 million.
Heineken NV (HEIN.AS) raised its offer for Fraser and Neave's (FRNM.SI) stake in the maker of Tiger beer to $6.35 billion on Friday.
Private equity fund MBK Partners will pay 1.2 trillion won ($1.1 billion) for a stake in South Korean water purifier maker Woongjin Coway Co
China Mengniu Dairy has held talks about buying China's largest raw milk producer, KKR & Co-backed China Modern Dairy Holdings Ltd.
News and developments in Asia private equity from Reuters News for the week ending August 10. News and developments in Asia private equity from Reuters News for the week ending August 10.
