By Shiwen Yap
Tokyo-listed machinery wholesaler Wakita & Co has acquired an 80% stake in Tonichi Kosan.
The average price for a leveraged buyout in 2017 globally was just under 11 times a company’s 12-month EBITDA, the highest since the financial crisis, amid frothy equity and debt markets and fierce competition for deals.
Abu Dhabi Investment Authority (ADIA) is one of the world’s biggest sovereign wealth funds.
PacBridge Capital Partners backs a financial investment in Canadian cancer genomics firm Contextual Genomics.
The fifth fund in the series closed at $750 million in late 2013
The strategy will have Nomura Asset Management as the gatekeeper
The PE firm had made the first close of its Dymon Asia Private Equity (SE Asia) Fund II at $325 million in December 2017.
Bluestone Australia is headquartered in Sydney with operations in Australia, NZ and the Philippines.
Established in 2001, Ba Huan accounts for 30 per cent of Vietnam’s pasteurized egg market share and is a household brand.
The firm floated the Vantage Equity Fund last year with the aim of raising Rs 400 crore, including a greenshoe option of Rs 300 crore.