Private equity firm, Blackstone Group announced that they are planning to acquire seven properties from GE Capital Real Estate worth AUD290 million.
Asia/Pacific
Amkor acquires Toshiba Electronics Malaysia
Amkor Technology announced it has purchased Toshiba Electronics Malaysia but financial details about the deal were not disclosed.
Japan's robots look at car industry as smartphone growth declines
Japanese corporations that made robots that build smartphones were eyeing automakers due to the decline in smarphone's growth.
Singapore's Nalanda Capital reveals 5% ownership in Lovable Lingerie
Nalanda Capital stated that it now had 5% ownership in Mumbai-based Lovable Lingerie. Nalanda Capital, a Singapore-based private equity firm, revealed that it had now controlled more than 5% of Mumbai-based Lovable Lingerie shares.
Tata Realty & Infrastructure to sell its IT park in Mumbai's Goregaon
Sources said that Tata Realty & Infrastructure is mulling an exit from its IT property in Mumbai's Goregaon.
Latest News
A report by the Emerging Markets Private Equity Association said that emerging-market private equity companies gathered US$10.8 billion, down 52% from last year's numbers.
Baidu Inc gains a US$1 billion funding from the sale of five-year bonds. Baidu Inc announced that they have sold US$1 billion of five-year bonds in China's largest corporate bond sale.
KKR & Co announced that the company is currently considering a possible bid for Hong Kong's ParknShop.
Techno Electric & Engineering announced that it is considering investments from private equity firms to finance growth and expansion projects.
Sources said that Janalakshmi Financial Services is close to its equity fund raising target of INR300 crore.
GE Energy Financial Services stated that it had agreed to invest US$43.2 million for a stake in Gati Infrastructure.
Australia's Nine Entertainment said that they are aiming to raise US$1.1 billion through an initial public offering.
US-based College Retirement Equities Fund acquired 64.64 lahk shared in Dish TV India priced at Rs49.25 per share piece.
EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.
