China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
Asia/Pacific
Bumi nears completion of $500M deal for Bakrie exit
The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.
Empire East talks with Okada on Manila casino lot
Empire East Land Holdings Inc said that it already started preliminary talks with billionaire Kazuo Okada on his possible lot purchase for a resort and casino complex in Manila.
Total number of investments increase 8.33%-MENA report
Total number of investments increased 8.33%, according to a MENA report. According to a the 2012 Private Equity and Venture Capital in the Middle East Annual Report, the total number of investments rose 8.
Flipkart raises US$200 million through private equity
India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.
Latest News
Global Blue and NTT DATA established joint venture, Global Blue TFS Japan Co., Ltd. to provide tax refund services to foreign travelers in the country.
KKR & Co raised US$ billion for its third Asian private equity fund called Asian II Fund. KKR & Co's third Asia private equity fund obtained US$6 billion.
Tokyo Stock Exchange Inc. President Akira Kiyota wanted to revive the Japanese markets by targeting more initial public offerings.
Zion Oil and Gas Inc obtains one-year exploration license extension for its Asher-Menashe enterprise in Northern Israel.
UMW Oil & Gas Bhd IPO at MYR3 per share. UMW Oil & Gas Bhd, a unit of the Malaysian conglomerate UMW Holdings Bhd, was reported to set its minimum indicative price for IPO at MYR3 per share.
K.K.R. announced that they were able to raise a US$6 billion Asia-Pacific fund Kohlberg Kravis Roberts (KKR), the U. S. private equity giant, announced that they were able raise a US$6 billion Asia-Pacific fund.
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
Air Asia X Bhd makes a modest debut after the recently concluded US$310 million IPO AirAsia X Bhd made a modest market debut after its recent IPO (initial public offering) raised US$310 million to help the budget carrier expand its strong growth prospects for travel to and from Southeast Asia.
On Wednesday, Alibaba was reported to use the net proceeds of its IPO to fund more acquisitions as it wanted to broaden its mobile services.
