Finmeccanica to sell Avio stake to state-led fund

Italy's Finmeccanica has agreed to sell its stake in aero-engine parts maker Avio to a state-controlled fund as it presses ahead with plans to sell around 1 billion euros ($1.


Australia's David Jones Q3 sales fall; no talks to report

David Jones Ltd posted a 3.1 percent decline in third-quarter sales with no improvement seen in consumer sentiment and said it plans to keep its valuable property assets and has no takeover talks to report.

CNPC opens West-East gas pipe to private investment

State-owned China National Petroleum Corp (CNPC) has for the first time accepted outside investment in its gas business in response to government calls to open energy and other infrastructure projects to private investors.

EU lawmakers back venture capital "passport"

European Union lawmakers approved a draft law on Thursday making it easier to channel funds into start-up companies from next year.


Latest News

A leading Brazilian private-equity fund that controls local electricity utility Equatorial Energia is considering bidding for debt-laden power distributor Celpa.
Emerging markets fund CVCI Private Equity and a co-investor advised by Thai Strategic Capital have bought a significant minority stake in Thai skincare company Wuttisak Clinic Inter Group Co Ltd.
Rothschild banking dynasty agreeing to buy a stake in the Rockefeller group's wealth and asset management business to get a long-sought foothold in the United States.
GP Investments sold Fogo de Chão Churrascaria Holdings for $400 million to U.S. buyout firm Thomas H. Lee Partners.
The head of Actis' Singapore office, Gary Addison, has left the emerging markets private equity firm after four and a half years
European pension funds plan to withdraw more money from stock markets to avoid rising volatility and almost 70 percent of firms with exposure to peripheral euro sovereign bonds plan even more reductions.
News and developments in Asia private equity from Reuters News for the week ending May 25. News and developments in Asia private equity from Reuters News for the week ending May 25.
Australian engineering company Hastie Group said on Monday it has appointed voluntary administrators after recapitalisation talks stalled over an "accounting irregularity".
China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday.
India's Bharti Airtel (BRTI.BO) said on Sunday it would roll out 3G services in Rwanda in the next quarter and reiterated plans to invest $100 million in the central African country.