The partners of Emerging Sovereign Group LLC (ESG) have agreed to buy back the majority stake in the emerging markets-focused hedge fund manager that was acquired by Carlyle Group LP in 2011, Carlyle said on Wednesday.
Chinese private equity investor CDH Investments is selling up to $916 million of its shares in WH Group, the world’s largest pork company, IFR reported on Wednesday, citing a deal marketing termsheet.
India’s Piramal Enterprises Ltd said it would partner with Bain Capital to invest in distressed assets, becoming the latest entrant in the space as the nation’s banks are on a drive to clean up $120 billion of sour debt.
Jiangxi Copper Co Ltd said on Wednesday it has set up a Cayman Islands-based fund that will buy mining projects as the Chinese state-owned copper producer sets its eyes on potential bargains as the commodities cycle bottoms.
Global private equity firm KKR is set to hire Ashish Shastry from Singapore-based Northstar Group as the head of its Southeast Asian business, sources told Reuters.
China’s state council has approved a 200 billion yuan ($30.19 billion) venture capital fund to invest in innovative technology and industrial upgrading projects, the country’s state assets regulator said on Thursday.
Israeli investment house Meitav Dash said on Thursday it is in talks with an international investment fund interested in purchasing the company.
Clover Technologies Group, the world’s largest collector and recycler of cellphones and empty printer cartridges, is exploring a sale that could value it at roughly $1.5 billion, including debt, sources told Reuters.
American Apparel LLC, the U.S. teen clothing retailer known for its sexually suggestive advertising, has hired investment bank Houlihan Lokey Inc to explore a sale, sources told Reuters.
The famed Los Angeles Playboy mansion belonging to Hugh Hefner, founder of the Playboy empire, has been sold for $100 million, and Hefner, 90, will live in the mansion for the rest of his life, a representative for the buyer said in a news release on Tuesday, Reuters reported.
A U.S. judge on Wednesday suggested the casino operating unit of Caesars Entertainment Corp (CEC) ask its parent’s private equity sponsors for money to fund a plan to exit its contentious $18 billion bankruptcy, Reuters reported.
Nearly one-third of private tech companies in the United States that have achieved “unicorn” status will eventually be worth less than $1 billion, according to a report published Tuesday.
Private equity firm MBK Partners, which is looking to sell ING Life Insurance Korea in a deal expected to fetch about $3 billion, will negotiate with potential buyers on an ongoing basis, South Korea’s Yonhap News Agency said on Wednesday, citing an unnamed MBK official.
Univision Holdings Inc won a bankruptcy auction on Tuesday to acquire U.S. internet publisher Gawker Media LLC for $135 million, outbidding media company Ziff Davis LLC, which had made an initial offer of $90 million, Reuters News reported.
South Korea’s Hyundai Department Store Co Ltd and CJ Corp are among suitors reaching a second round of bidding for home appliance firm Tongyang Magic, people familiar with the matter told Reuters on Tuesday.
Singapore’s sovereign-wealth fund GIC is among two investors who have bought a 71 percent stake in Denver-based Yes Communities, an owner of manufactured housing estates in the United States, the U.S. firm said.
Oil and gas venture Siccar Point said on Tuesday it had acquired a 8.9 percent stake in the UK North Sea Mariner field from JX Nippon, the private equity-backed firm’s first acquisition.
Blackstone (BX.N) has pulled out of a potential $700 million investment in the Taipei 101 tower operator after the Taiwanese group declined to disclose certain financial details, sources told Reuters.