Jul 15, 2013 | Asia, East Asia, News, North America, South & Central Asia, Southeast Asia
Financial Times KKR has raised a record $6bn for its second big Asian buyout fund in a sign that investors are confident the New York private equity group can build on its successful record in the region. The size of the fund trumps competitors, including TPG, which...
Jul 15, 2013 | France, News, Western Europe
Reuters LVMH said on Monday it has acquired 80 percent of Italian luxury cashmere clothing brand Loro Piana for 2 billion euros ($2.57 billion), boosting the French group’s presence in high-end handcrafted products popular with Asian buyers. The deal gives Loro...
Jul 15, 2013 | China, East Asia, News, Western Europe
Financial Times Ping An Insurance, China’s second-largest life assurer by number of policy holders, has become the latest Asian investor to gain a foothold in the City of London property market, buying the Lloyd’s Building in a £260m deal. The insurer – the first from...
Jul 15, 2013 | China, East Asia, News, North America
Nbd.com.cn Meidu announced to raise RMB2.46 billion through share placement. $135 million will be used to acquire Woodbine of US and start to enlarge the field capacity of Eagle Ford shale area (South Texas). RMB700 million will be used as the liquid assets. The...
Jul 14, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Rusnano, a state-owned investment corporation focused on developing the Russian nanotechnology industry, has bought a 25% stake in the vendor of LTE equipment Wireless Technology Center (WTC) from Nokia Siemens Networks (NSN), the news agency...
Jul 12, 2013 | China, East Asia, News, North America
The Wall Street Journal Today, Microsoft is announcing the launch of Microsoft Ventures in China, a startup initiative that aligns the BizSpark program, the Accelerator program, and the Seed Fund. This announcement coincides with a number of milestones for the...
