Kane Wu
Stories by Kane Wu
Hong Kong’s PAG said to seek as much as $6b for latest Asia PE fund
The firm had raised $3.6 billion for its second Asian fund in 2016.
Warburg Pincus in talks to invest in Ant Financial’s $8b funding round
Singapore state investor Temasek Holdings is likely to be the lead investor.
Chinese investor group buys Australian vitamin firm Nature’s Care
The deal is said to value Nature's Care, Australia's third-largest vitamins firm, at about A$800 million ($619.92 million).
Chinese sportswear retailer Pou Sheng shareholders vote against taking firm private
Pou Sheng's parent firm, Taiwan's Pou Chen Corp proposed taking Pou Sheng private in a deal valuing it at $1.4 billion.
Meituan Dianping to acquire bike-sharing giant Mobike for $2.7b
The deal will intensify the rivalry of their common backer Tencent Holdings with Alibaba Group.
Dealmakers predict further slowdown in Asia Pacific M&A activity
Asia Pacific’s outbound deals dropped by 32% both in value and volume, led by China.
CR Beer in talks to acquire Heineken’s China business for over $1b
Global beer giants such as Heineken, AB InBev and Carlsberg are facing fierce competition from local rivals and each other in emerging markets.
Chinese firms prepare bids for GE lighting ops
MLS Co and Foshan Electrical and Lighting Co have been in talks with lenders to finance a potential bid for the asset
Sequoia plans largest-ever $8b global fund, sets sight on China investors
Sequoia is also tapping investors in the Middle East and Japan among other regions for its new global fund.
Chinese startup Kuaishou nears $1b Tencent-led funding, eyes listing this year
The latest funding round values Kuaishou at about $18 billion.
