Czech private equity group Penta Investments and Luxembourg-based Eastbridge Group will together hold 74 percent of Polish retailer Empik Media & Fashion after a public tender.

China eyeing lowering bar for becoming QFII -sources A proposed plan by China's regulators could allow hedge funds, for the first time, to directly trade in mainland stocks and bonds, opening up one of Asia's biggest capital markets to the $2 trillion industry.

Japanese private equity firm Unison Capital on Wednesday agreed to buy a Japanese drugmaker Showa Yakuhin Kako from a domestic rival Tokio Marine Capital, its third buyout in six months.

Company to Advance its lead Drug Candidate, EBI-005, into Clinic Development for Dry Eye Disease. Eleven Biotherapeutics, Inc. , a biopharmaceutical company designing and engineering novel and differentiated protein-based biotherapeutics, announced today that it has secured $20 million dollars in Series A equity financing, expanding the total Series A investment to $45M.

Conference program features panels and a fireside chat with top-name executives. The international biotech and pharma community will converge upon the city of Suzhou, China, a rapidly growing base for life science industries, at ChinaBio® Partnering Forum 2012 at the Kempinski Hotel Suzhou, May 23–24.

Company Will Accelerate Market Share Gains and Product Development in IP Video Delivery. Elemental Technologies, the leading supplier of video solutions for multiscreen content delivery, today announced that it raised $13 million in Series C financing led by Norwest Venture Partners (NVP).

Expands to New York and Boston; Adds Jeff Jordan to Board of Directors Belly, a rapidly-growing start-up that is effectively redefining customer loyalty for small businesses, announced today that it has received a $10 million Series B round of venture capital financing from Andreessen Horowitz.

Czech private equity group Penta Investments and investment fund Eastbridge raised their joint bid for Polish retailer Empik Media & Fashion (EM&F) to 10.45 zlotys per share.

China yuan funds of overseas PE firms to be treated as foreign. China plans to treat local money raised and managed by global private equity firms as foreign funds, industry sources said on Tuesday, restricting their access to sectors such as media and mining in the world's second-biggest economy.

Singapore state investor Temasek Holdings and Asia-based private equity firm RRJ Capital have agreed to invest $468 million in Cheniere Energy.