Kane Wu
Stories by Kane Wu
China’s HNA in talks to buy e-commerce firm Dangdang likely valued over $1b
Dangdang, an Amazon Inc rival in China, is also in talks with other potential investors.
Chinese firms eye US-based Learning Care valued at up to $1.6b
It has drawn interest from venture capital firm IDG Capital and Bright Scholar Education Holdings
Singapore: Citi’s Asia insurance investment banking head to join Ping An fund as COO
Lacey, who joined Citi roughly 10 years ago, will start in his new job in a few months.
Blackstone, KKR among shortlisted bidders for Link REIT’s $2b HK assets
Link REIT, Asia's largest REIT by market capitalisation, owned assets in Hong Kong, Beijing, Shanghai and Guangzhou as of end-March.
China: Primavera, CITIC PE to raise dollar funds totalling $5b
Primavera is looking to raise $2.8 billion, while CITIC PE is targeting $2 billion, with a hard cap set at $2.2 billion.
Chinese firms eye German industrial major FFT in deal likely to cross $700m
FFT is owned by private equity investor Aton.
Bain Capital leads the charge as Japan’s private equity dealmaking picks up
Toshiba acquisition has pushed private equity-backed deals in Japan to a record $22 billion - more than double 2016's $8 billion.
UK Power Reserve sale attracts China’s state-owned grids
The interest comes as foreign takeovers of sensitive assets in Britain, particularly by the Chinese, are under growing political scrutiny.
China outbound M&As seen picking on hopes of eased capital outflow curbs
Overseas deals this year by Asia-Pacific's most active buyers reached $118 billion at September-end
Carlyle targets first-close of new Asia buyout fund at over $4b
This is part of a planned $5-billion Asia buyout fund, its biggest capital-raising exercise for the region.
