Tokyo, Japan-based firms ITOCHU Corp and ITOCHU Textile Prominent Ltd have finalized a deal with Fenix Group Holdings Ltd to invest in ASF Limited, an intermediate holding firm under the sponsorship of Fenix.
Tags: Asia
PCH International acquires Australian distribution firm Conexus
Cork, Ireland-based consumer electronics distributor PCH International announced it has acquired Australian distribution company Conexus for an undisclosed amount to give its clients better access to the Australian and Asian markets.
Asia's richest man invests in US startup BitPay
Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.
Singapore's National Research Foundation has poured in $500,000 in funding in health care startup Ring.MD
Singapore's National Research Foundation has poured in $500,000 in funding in health care startup Ring.MD to give Asian residents easier access to healthcare services online.
Frankfurt-based private equity firm Nordic Capital said on Friday it has raised €3.5 billion
Frankfurt, Germany-based private equity firm Nordic Capital said on Friday it has raised €3.5 billion ($4.8 billion) for its eight buyout fund amid decreased volatility in Europe.
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US-based professional technical services provider Jacobs Engineering Group Inc announced the completion of its merger with Australia-based firm Sinclair Knight Merz in a deal valued at AU$1.3 billion.
Bangalore-based big data startup Spire Technogies reportedly secured $8 million in a Series A funding round to help its clients manage talent to expand into Asia and the US.
UK-based investment fund Pearson Affordable Learning Fund has backed Delhi-based education startup Avanti Learning Centres to develop a system that will help students from low-income families prepare for college entrance tests.
Blackstone Group, the largest real estate private equity firm, recently said that it targets more real estate acquisitions in Asia. It has invested USD3 billion in the region since making its first deal in 2007.
Australia-based taxi app ingogo has raised an additional AUD3.4 million in venture capital funding and expressed plans for a 2014 listing on the Australian Securities Exchange (ASX).
Despite the discount of costs to run hedge funds in the Asian-Pacific region, Citigroup Inc's recent survey revealed that not all hedge funds in the region are successes in expanding its assets and achieving profitability.
Hong Kong-based private equity firm Gaw Capital Partners is set to purchase minority stakes in four commercial property acquisitions in the UK and the US, in a deal with a total value of USD1 billion.
State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
Japan's Toshiba Corp. and German real estate major Gagfah SAS entered a joint venture to sell energy directly to residents in Germany. The deal could bring in a revenue of USD184 million to USD233 million to the Japanese conglomerate.
