By Chalida Ekvitthayavechnukul
As industry shifts from conventional lighting to LED and the global manufacturing value chain consolidates, several leading lighting businesses, including Philips and Osram- have been put on the block. GSR Capital is a leading participant in these buyout deals
For Verizon, Yahoo represents a strategic investment. The company would probably combine the online businesses with AOL, which Verizon acquired last year.
Australia’s Clean Energy Finance Corp (CEFC) and Palisade Investment Partners (Palisade) have laid out a $1 billion investment plan to boost the develoment of local renewable energy (RE) projects.
The new property fund will continue to be focused on investments where the company can take control in large-scale, undervalued or distressed situations.
The first quarter (January to March) report of the research firm said that there is a 27% rise in the number of venture capital and private equity deals against the fourth quarter of 2015 (Q4 2015).
This vehicle – Sino-Singapore (Chongqing) Connectivity Private Equity Fund – will have a target size of up to RMB100 billion and will invest primarily in Chongqing-based projects in specific industries
Existing investors of Janalakshmi Financial Services also sell some of their stakes worth $60 million
The group’s proposal trumps Ping An’s offer of $29.55 a share for a 47.7 percent stake held by Australia’s Telstra Corp. Both offers come as vehicle sales are forecast to accelerate this year in China, the world’s largest auto market.
BVCF is expected to secure a first close for the fourth fund in the next few months, according to people close to the deal, said China Money Network. It is also expected to secure a final close by end-2016.
GIC and MMP have launched a partnership to invest in logistics properties across the metropolitan regions of Indonesia.