May 19, 2014 | East Asia, News
Sansan Inc., a cloud contact-management service, has raised $14 million in funding led by DCM. The Tokyo-based startup plans to use the capital to break into the U.S. market this month, as expand in other international markets. Other participating investors include...
May 8, 2014 | East Asia, News
HONG KONG, May 8 (Reuters) – CVC Capital Partners has agreed to buy South Korea’s KFC franchise from a subsidiary of Doosan Co Ltd for 100 billion won ($98 million), Doosan said on Thursday. The deal is CVC’s fourth in the restaurant space in 18...
Apr 22, 2014 | China, East Asia, News
SHANGHAI, April 21 (Reuters) – Chinese drugmaker Shanghai Fosun Pharmaceutical Group Co Ltd and private equity firm TPG Capital agreed to buy China-focused Chindex International Inc in a beefed-up $461 million deal after trumping a rival bid. The U.S.-listed...
Apr 21, 2014 | China, East Asia, News
April 21 (Reuters) – China’s online game developer Perfect World Co Ltd said it joined the consortium offering to buy rival Shanda Games Ltd. Perfect World said it would buy 30.3 million class A Shanda Games shares for $100 million from Shanda Interactive...
Apr 15, 2014 | East Asia, News
Reuters April 15, 2014 Acquisition of 51 pct of Model Solution, a South Korean company specialising in prototype design Acquiring Model Solution from Kamur Private Equity for KRW 70 billion (c.40.4 million stg), in conjunction with South Korean private equity...
Apr 11, 2014 | China, East Asia, News, Southeast Asia
April 11 (Reuters) – Shanghai Yupei Group said private equity firm RRJ Capital and SeaTown, a unit of Singapore state investor Temasek Holdings, have agreed to invest $250 million in the Chinese logistics company. The capital raising plus the $200 million it...