By Mars Woo
Columbia Asia operates 29 hospitals and 2 clinics in Malaysia, India, Indonesia, Vietnam, and Kenya.
The private equity unit was initially profitable but its fortunes started to turn in late 2015, partly because of the plunge in the price of oil.
Abu Dhabi Investment Council will become part of Mubadala as the oil-rich emirate moves ahead with the consolidation of state-controlled companies.
As part of the deal, ADV acquired stake from two existing shareholders L&T Infra Finance and IDFC.
China’s fragmented digital marketing industry continues to lag behind the country’s rapid digital growth and transformation in consumer habits, a KKR statement noted.
Hopu’s new fund seeks to raise up to $2.5 billion and is expected to make a final close this year.
Oxford Nanopore will use proceeds from the round, which was joined by China Construction Bank and Australia’s Hostplus, for a new manufacturing facility.
QIA has already been reducing its direct holdings in Credit Suisse and Tiffany & Co. It’s considering selling more assets and channelling the proceeds back into its domestic market.
Warburg is selling a 12% stake in Lemon Tree through the IPO. At the upper end of the price band, it will garner about $81.2 million from the share sale.
CDPQ is looking to boost its headcount in Singapore – one of its three private equity offices along with London and New York – to more than ten in order to “have critical mass” for direct investing.