By Kane Wu
The drugmaker, based in China’s Hubei province, is planning to use the funds to acquire drugs and other pharma products
The private equity firm has expressed interest in a deal that could value Jet Privilege Pvt at about $429 million.
It won’t be easy for newcomers to participate in the Southeast Asia deal landscape, he said.
The buyer is Italian consumer credit service provider Compass Banca, a subsidiary of Italian investment bank Mediobanca.
Talks with CPPIB follow the delisting of Mytrah’s holding company from the London Alternative Investment Market (AIM) in May.
The investor group considering a takeover bid for Yum China includes DCP Capital and Hillhouse.
This acquisition is seen to complement GIG’s expertise in wind, waste-from-energy and disruptive green energy technologies.
Bain is looking to buy the stake from South Africa’s Life Healthcare in a deal valued between $450-$540 million.
The airline is also trying to monetise the frequent flyer programme it co-owns with partner Etihad Airways.
After making a trip to China, KKR wrote about the rise of Asian millenials, particularly the ones in China.