Jonathan Browning

Uber gets 15-month license to operate in London

The 15-month reprieve is far less than the five-year private hire permit the company had previously or the 18-month approval it originally sought at the hearing.

Hillhouse, CDH mull sportswear IPO after $7b Belle buyout

The private equity owners of Belle International Holdings Ltd., the biggest women’s shoe retailer in China, are considering a spinoff of its sportswear distribution business.

Toys “R” Us said to court China PE firms for sale of $1b Asian arm

While Toys “R” Us wasn’t able to salvage its U.S. operations, the Asia Pacific business has continued to increase revenue.

Chinese lab operator Adicon said to prepare $500m sale

The sale has also drawn interest from private equity firms and a health-care arm of Fosun International Ltd.

China’s news app Qu Toutiao said to mull U.S. IPO at $3b valuation

Qu Toutiao has no connection to the more popular Jinri Toutiao run by Beijing ByteDance Technology Co.

PE firm Unitas Capital looking to sell China’s wasabi pioneer for $600m

Any deal would add to the $13.2 billion of announced food-related acquisitions involving Chinese firms over the last 12 months.

Warburg, Baring PE Asia among suitors for Indonesia’s consumer finance firm BFI

Baring PE Asia, Taiwan’s Cathay Financial Holding, and South Korea’s Shinhan Financial Group are among bidders for a stake in PT BFI Finance Indonesia.

Bill Gates, China’s Tencent-backed cancer detection firm Grail plans HK IPO

Grail may seek to raise as much as $500 million this year.

Toys “R” Us said to be in talks to sell Asia unit to Hong Kong’s Fung Group

A deal could give Toys “R” Us Asia a valuation of at least $1 billion.

Chinese investment firm Hillhouse to raise $6b in new PE fund

If successful, it will be the biggest dollar buyout pool raised by the firm, which started in 2005 with $20 million from Yale University’s endowment.