Japan’s Orix plans $1b US private equity deals


Japanese financial services company Orix Corp plans to spend $1 billion over three-to-five years on acquisitions via a private equity firm it has set up in the United States, a person with direct knowledge of the matter said.

CRH, LafargeHolcim contest final price of 2015 deal

Building materials companies CRH and LafargeHolcim are contesting the final price of CRH’s acquisition of assets from the Swiss-French company, the two companies said.

KKR to buy Airbus Group’s defence electronics unit for $1.2b

Private equity firm KKR has agreed to buy Airbus Group’s defence electronics business for 1.1 billion euros ($1.2 billion), the European aerospace group said.

Partners Group closes secondary investment programme at $2.82b hard cap

Swiss fund management firm Partners Group has closed its secondary investment programme at a hard capitalisation of US$2.82 billion.

Deutsche Bank to name new finance heads in Asia

Deutsche Bank AG has filled newly created corporate finance positions in the Asia-Pacific region as part of a restructuring plan.

Hutchison may sell stake in UK phone firm Three to fund takeover of rival O2

CK Hutchison Holdings, the ports-to-telecoms arm of Asia’s richest man Li Ka-shing, said it may sell a stake in its UK phone carrier Three to help fund its proposed $15 billion takeover of rival operator O2 UK.

Euronext looks to snap up assets from any Deutsche Boerse-LSE fallout

European stock exchange operator Euronext NV is considering acquisitions to help it stay competitive after Deutsche Boerse AG and London Stock Exchange Group Plc agreed to merge in a $30 billion deal, according to people familiar with the matter. With a market value of about 2.6 billion euros, Euronext, which… Read more »

Australia’s Fairfax Media to cut 120 editorial jobs from major papers

“The company said it’s committed to quality journalism, but we all are struggling to see how cutting journalists serves that purpose,” said Anne Davies, a senior journalist at the Sydney Morning Herald.

Canon to buy Toshiba’s medical equipment unit for $5.9b

Toshiba is selling the unit to help fund restructuring after a massive accounting scandal.

Frazier leads $41m Series A round in startup it co-founded with Japan’s Takeda Pharma

The Series A round into Outpost Medicine saw participation from Adams Street Partners, Novo A/S, and Vivo Capital.