Xerox in talks for deal with Japanese camera maker Fujifilm: Report


Xerox spun off its business process outsourcing unit in 2016 and separated into two independent, publicly traded companies.

KKR closes $2b fund focused on defensive real estate investments

The new fund, which includes approximately $230 million of capital from KKR’s balance sheet and employee commitments, is looking to aggressively invest in real estate by buying properties, raising rents, leasing vacant spaces or redeveloping existing properties.

Australian VCs to tap ASEAN for deals in coming years: Yasser El-Ansary, AVCAL

AVCAL counts about 75 fund managers ranging from small VC funds all the way to larger VC and PE funds based in Australia. It also includes institutional investors such as Australia’s superannuation funds, family offices and sovereign wealth funds.

Berkshire promotes potential Buffett successors Jain and Abel

Abel, 55, the chief executive of Berkshire Hathaway Energy, was named Berkshire’s vice chairman for non-insurance business operations, while Jain, 66, Berkshire’s top insurance executive, was named vice chairman for insurance operations.

Saudi Aramco seeks to raise billion dollars in loan before stock listing

Aramco has already obtained a $2 billion loan guaranteed by the UK Export Finance agency (UKEF).

Japan: J-Star Co acquires majority stake in nightlife operator Section Eight

Along with the investment, Takayuki Yasuda, a former CEO for Komeda Co, has joined as a board member of Section Eight.

Norway’s $1t sovereign fund wants to invest in private equity

A broader universe may “enable the fund to be invested in different types of companies to those that are available in the public equity market,” the fund said in a letter to the Finance Ministry.

HNA fails to fully disclose how its $350m stake in Virgin Australia is controlled

Questions about HNA’s ownership have attracted the attention of regulators from Australia to Switzerland and the U.S.

Troubled Noble Group to wind up oil trading operations in Asia, London

The closures follow the sale of its larger U.S. oil trading business to Vitol, announced in October, and a nine-month loss of some $3 billion reported in November.

Grey Mountain Partners to acquire Brambles’ recycled pallet biz in US for $115m

CHEP Recycled supplies and recycles over 90 million, primarily whitewood, pallets annually in the US and Canada.