News and developments in Asia private equity from Reuters News for the week ending July 27. News and developments in Asia private equity from Reuters News for the week ending July 27.
Regions
DreamWorks China JV to open $3.1 billion Shanghai theme park
DreamWorks Animation SKG Inc (DWA.O) and its Chinese joint venture partners will open a theme park in Shanghai by 2016.
Nigeria's AMCON asks Citi to advise on bank sell-off
Nigeria's state-backed "bad bank" AMCON has appointed Citi and Renaissance Capital to determine the value of three lenders it nationalised last year before deciding on the best way to privatise them.
RLPC-Macquarie explores $5.3bln broadcast business refi
Macquarie-owned broadcast transmission provider Arqiva is exploring options to refinance its 3.4 billion pounds ($5.3 billion) of debt raised when Macquarie acquired National Grid Wireless in 2007.
Country Road buys Witchery Group for $181 mln
Australian clothing retailer Country Road will buy local rival Witchery Group in a $181 million deal.
Latest News
Aviva has received a number of unsolicited approaches from financial and private equity buyers for a U.S. unit estimated to be worth some 1 billion pounds ($1.57 billion).
The following are mergers under review by the European Commission and a brief guide to the EU merger process.
WI Harper Group ("WI Harper") today announced an investment into AdMaster Inc WI Harper Group ("WI Harper") today announced an investment into AdMaster Inc ("AdMaster"), a leading online advertising data tracking, analytics and optimization company with a focus on organization of full digital, social data and mobile advertising analytics.
Preventia Inc. (OTCBB: PVTA) announces the retention of Madison Street Capital, a leading provider of corporate finance and mergers and acquisition (M&A) advisory services.
South Korea's unlisted Kyobo Life Insurance has decided not to bid for a 6 trillion Korean won ($5.2 billion) controlling stake in Woori Finance Holdings.
Intel Capital said on Wednesday it was expanding its operations in Israel as it seeks to boost its portfolio of Israeli technology companies and improve returns on its investments.
China's sovereign wealth fund China Investment Corp. suffered its first-ever drop in net profit in 2011 and predicted tough trading conditions may persist as volatile financial markets dent stock investments.
Britain's local government pension schemes want more freedom to mobilise their billions of pounds of assets to spend on roads, power stations and other infrastructure.
U.S. network equipment maker Cisco (CSCO.O) won unconditional EU regulatory approval on Tuesday for its $5 billion takeover of TV software developer NDS.
