San Francisco, US-based startup Spellgun launched today to bring Western mobile games to China's mobile market under a partnership with video game art outsourcing firm Concept Art House and Chinese firm Talkweb.
Co-investment
Live Nation Entertainment becomes full owner of Live Nation Japan with minority stake buy
Beverly Hills, US-based live entertainment and e-commerce firm Live Nation Entertainment picked up a minority stake in Live Nation Japan for an undisclosed amount to become the latter's full owner.
Inventure Partners picks up minority stake in Russian educational firm Netology
Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
TPG Growth to invest $100M in joint venture with Smile Group to help businesses expand to India and Africa
New York, US-based investment firm TPG Growth committed $100 million in a joint venture with Gurgaon, India-based emerging business market builder Smile Group to help Internet and e-commerce firms expand to India, Africa, and other emerging markets.
German broadcaster ProSiebenSat.1 picks up minority stake in Collective Digital Studio
Unterfohring, Germany-based mass media broadcasting firm ProSiebenSat.1 picked up a minority stake in Beverly Hills, US-based multichannel network Collective Digital Studio (CDS) for an undisclosed amount for expansion purposes.
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Tencent Holdings, the biggest Internet company in China, could get a 16% stake in online retailer JD.com, according to a Chinese business newspaper, Reuters reported.
Moscow, Russia-based affiliate marketing and advertisement firm CityAds Media nabbed a $5-million investment from private equity investor Klever Internet Investments in exchange of a minority stake in the ad company.
Irish telecom tycoon Denis O'Brien picked up a minority stake in San Francisco, US-based startup Spritz to see how the latter's easy reading app could help improve the literacy rate in developing areas.
Perth, Australia-based mineral sands explorer Iluka Resources Ltd announced that it will pick up an 18.3% stake in Rotherham, UK-based metal powder producer Metalysis for ₤12.2 million ($A22.5 million).
Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.
Melbourne, Victoria-based diamond mining firm Merlin Diamonds raised $2 million by selling 26 million of its shares at $0.75 apiece to Singapore-based investment holding firm Blumont Group for the development of its diamond mine in the Northern Territory of Australia.
Philippine-based real estate holding company SM Investments Corp entered an agreement to acquire a 34% stake in CityMall Commercial Center Inc for an undisclosed amount to construct a chain of community malls in Visayas and Mindanao.
US-based angel investor and Wine Library TV founder Gary Vaynernuck partnered with RSE Ventures cofounder Matt Higgins to launch a $25 million seed fund called Vayner RSE which they might be used to start a new brand of wine.
Private equity firms, including General Atlantic Partners, Actis Capital, Baring Private Equity Partners Asia and Apax Partners, are reportedly in talks with the principal owners of Credit Analysis and Research Ltd. CARE's top three shareholders are seeking to divest a 32% to 38% stake in the credit ratings company.
