News and developments in Asia private equity from Reuters News for the week ending May 18. News and developments in Asia private equity from Reuters News for the week ending May 18.
Regions
A robot “fish” to detect pollutant is coming out
European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Vista Equity Buys Silverchair Learning
Harris Williams & Co. Advises Silverchair Learning Systems, LLC in its Sale to Vista Equity Partners.
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.
Alibaba buys back stake held by Yahoo for $7.1 billion
Chinese Internet entrepreneur Jack Ma's Alibaba Group is buying back up to half of Yahoo Inc's 40 percent stake for $7.1 billion.
Latest News
DIFC Investments has not sold software company SmartStream Technologies but the process is under way.
Israel's IDB Development Corp agreed to sell 49.9 percent out of its 60.5 percent stake in Clal Industries and Investments (CII) to U.S.-based Access Industries .
Asia's private equity funds are moving closer to North American and European peers in key areas, but despite a tight fundraising climate they still charge higher management fees than their global peers.
Private equity-backed CKE Inc filed with U.S. regulators on Thursday to raise up to $100 million in an initial public offering.
Global insurers Manulife Financial Corp, Metlife and Prudential Financial Corp are among suitors expected to place first-round bids on Friday to buy ING Groep's Asia life insurance unit in a deal worth about $6.5 billion to $7 billion.
The excitement of private equity opportunities in India, which reached fever pitch in 2007-2008, has crumbled.
Atlas Venture announced today that serial entrepreneur Christopher Lynch has joined its investment team.
Lightspeed China Partners, a leading China-focused venture capital firm, has made a Series A investment in Tujia.com
Largest-Ever Joint Investment Will Help Drive Product Development and Company Expansion. Qualtrics, the company that makes sophisticated research simple, has partnered with Accel Partners and Sequoia Capital in the two firms’ largest-ever joint investment.
