Noble Group hunts for strategic investor as profit seen up to 2 years away
Noble is battling to prop up its finances after a torrid 19 months during which its share price collapsed amid attacks on its accounting and the first
Australia’s Port of Melbourne sold to QIC-led group for $7.3b
QIC is part of the Lonsdale Consortium, which won the 50-year lease of the port. The group also includes the investment arm of the Queensland state go
China’s Fulida to buy 17% stake in Australian cattle exporter Wellard
Chinese textile maker Fulida Group Holdings Co. agreed to buy 17 percent of Wellard Ltd., the Australian livestock exporter that has slumped since lis
South-East Asia is under-penetrated by VCs compared to India: David Gowdey, Jungle Ventures
One of the longstanding reasons mentioned against increasing the amount of venture capital funding in SEA is that it is a region of six key countries�
PE fundraising in Asia falls but venture capital activity retains momentum: Preqin
Although fundraising has fallen, venture capital activity in the region has maintained its momentum. Asia has recorded 2,174 deals so far in 2016, wor
India: Everstone in talks to rope in Gunit Chadha for role in NBFC Indostar
IndoStar, focused on corporate and small and medium enterprises, was started in 2011 by PE arms of Everstone Capital Management, Goldman Sachs Group
India: Multiples PE managing director Dinesh Tiwari quits
The senior exit comes at a time when the fund has just raised its second PE fund of over $600 million.
Thai lender KBANK to launch fintech-focussed fund of funds
Set to be launched in the fourth quarter this year, the newly-established fund will both work as the fund of funds and inject the capital into high po
India: Sonalika Tractors parent to file up to $300m IPO, Blackstone may sell stake
The share sale, in which private equity firm Blackstone will partially sell its investment in ITL, is expected to fetch as much as Rs2,000 crore.
India: US investors to sell stake in BKC’s landmark project for $223m
The group of investors, including US-based Starwood Capital Group, India Property Fund and Urban Infrastructure Real Estate Fund, which owns the remai