News and developments in Asia private equity from Reuters News for the week ending July 6. News and developments in Asia private equity from Reuters News for the week ending July 6.
Tags: Baring Private Equity Asia
Indian companies strike 393 private equity deals totaling $9.67B in January to November
A report by Grant Thornton, an American accounting and advisory firm, said that Indian corporations closed as many as 393 private equity deals totaling $9.67 billion in the past 11 months of the year.
Chinese game developer Giant Interactive receives USD2.82 privatization bid
Chinese billionaire Yuzhu Shi and a Baring Private Equity Asia affiliate sought to take Giant Interactive Group Inc. private for USD11.75 per American Depositary Share (ADS). The consortium values the Chinese online game developer at USD2.82 billion.
Baring Private Equity Asia closes purchase of Hexaware Technologies
Baring Private Equity Asia completed its acquisition of India-based outsourcing firm Hexaware Technologies.
Baring to purchase controlling stake in Hexaware for INR1.687 million
Barring announced it plans to buy a controlling stake in Hexaware for INR1.6 million. Baring Private Equity Asia planned a controlling stake purchase in an outsourcing firm in India.
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