The French retailer has pulled out of the bidding for Migros, as buyout firms such as Kohlberg Kravis Roberts and BC Partners are set to table bids tomorrow for the Turkish company.
2 min read · 12 January 2013
The Westfield Group and Brookfield Asset Management are among the buyers looking to bid on part or all of the Aussie shopping mall owner’s portfolio.
1 min read · 12 January 2013
The Westfield Group and Brookfield Asset Management are among the buyers looking to bid on part or all of the Aussie shopping mall owner’s portfolio.
1 min read · 12 January 2013
Asia Alternatives goes large * China sovereign fund dampens foreign fears * Dubai's HBG nears $200m target * Ex-Temasek executives fundraising for China * First close for Sharia vehicle on $200m * Aureos backed by Kazakhstan FoF
4 min read · 12 January 2013
Guido Gamucci is chairman of Permira's operation in Asia. Previously responsible for the firm's Milan office, he relocated to Japan in 2005 and is poised to move to Hong Kong when the UK buyout group opens its second office in the region next year. In October, Permira made headlines for doing not just one, but two large deals in Asia. First came an $838 million investment for a 20 percent stake in Galaxy Entertainment, a Macau-based casino operator; then followed a $2.2 billion secondary deal to acquire Arysta Lifescience, a Japanese agrochemical company, from Olympus Capital. For Permira, it was the first investment in Japan since its arrival two years ago.
3 min read · 12 January 2013
In the past, private equity-backed Chinese companies often listed in London and New York. Now the smart money is on well-designed "onshoring" strategies instead, writes Robert Abbanat.
9 min read · 12 January 2013
Buyouts in Australia are booming – or at least attempted buyouts are booming. Conditions unique to Australia's robust economy, institutional investor market and corporate culture have conspired to give private equity a run for its money. David Snow reports from Sydney.
5 min read · 12 January 2013
The success of the Brazilian IPO market presents private equity managers with more options and higher returns. By Jennifer Harris.
4 min read · 12 January 2013
Lenovo's acquisition of IBM's personal computer business saw a Chinese corporate join forces with several US private equity firms. The outcome looks likely to be a happy one.
3 min read · 12 January 2013
Russia's emerging private equity market is growing up. Leverage levels are rising as deals become more mainstream and international interest grows. But investing in Russia is still a challenge for non-locals. Nicholas Lockley reports.
6 min read · 12 January 2013