Search Results for:Cathy Chan

KKR is at centre of tussle for control of Indonesian noodle firm Tiga Pilar

At a shareholder meeting in July, KKR — which holds 35% of Tiga Pilar’s voting stock — successfully voted to oust the company’s board of directors. The event ended with founder and President Joko Mogoginta publicly accusing KKR of attempting a “hostile takeover” as he stormed out of the gathering.


China Renaissance plunges in its HK listing debut, following the trend

China Renaissance Holdings Ltd became the latest high-profile IPO that failed to resonate with investors.


KKR said to sell Singapore’s MMI Holdings, its oldest Asian investment, for $645m

The buyout firm will generate a return of about 1.6 times its initial investment in MMI.


China’s Hillhouse-backed consortium said to drop buyout plan of Yum China

The investor group, which also included KKR & Co and China’s sovereign wealth fund, has decided not to continue pursuing a deal after its initial proposal was rejected.


Private banks are starting to breach wall around China’s wealthy

The collective fortunes of China’s uber-rich grew a staggering 65 percent, or $177 billion, last year, according to the Bloomberg Billionaires Index


China’s sovereign wealth fund backs $13b takeover of Yum China

The investor group considering a takeover bid for Yum China includes DCP Capital and Hillhouse.


China’s HNA explores sale options for Avolon plane leasing business

HNA has held talks with companies controlled by the families of Hong Kong billionaires Li Ka-shing and Henry Cheng.


HNA chief’s demise will postpone Hong Kong Airlines share sale

The death of HNA co-Chairman Wang Jian from an accident in France in early July has halted advanced discussions between the closely held airline and potential investors


CVC Capital said to invest in Indonesia’s top snack producer GarudaFood

CVC is said to have invested about $150 million in GarudaFood ahead of a planned IPO.


Carlyle said to hire Credit Suisse’s top Indonesia dealmaker

Robby Winarta, Credit Suisse Group AG’s Indonesia investment-banking head, has resigned and plans to join the private equity firm soon.