DennyThomas
Stories by DennyThomas
KKR preparing to launch new Asia fund by year-end, seeking a record $7b
The fundraising would pit KKR against rival U.S. buyout firm TPG Capital Management which islaunching a new Asia fund in the coming months with a targ
New mantra for Chinese suitors: partner and prosper
Faced with mounting opposition from foreign governments and regulators,Chinese suitors looking for overseas acquisitions are teaming up with local par
Global buyout major TPG looking to raise over $4b for new Asia fund
The new fund will be one fifth bigger than its last one, TPG Asia VI, which raised $3.3 billion in 2014, and reflects growing investment opportunities
Banks miss out on fees as Chinese firms turn to inhouse teams for deal advice
Paying for advice is still a relatively new concept for Chinese firms, so they tend not to be big fee payers. While large conglomerates in developed m
BP seeks buyers for China petrochem JV stake in up to $3b deal
BP has hired an investment bank to sell its shareholding in SECCO as part of a drive to cash out of businesses where it lacks control. A successful de
China’s ‘left field’ buyers shake up global M&A
Foreign takeover bids by little-known Chinese companies, from real estate firms to a vacuum cleaner maker, are driving a surge in the due diligence in
McDonald’s gets half a dozen bids for China/HK store sale, deal valued at $3b
Buyout firms including Bain Capital, TPG Capital and Carlyle Group too are participating in the auction with a view to teaming up with Chinese strateg
