by Sebastian | Nov 20, 2020 | News, SEAPEC
India’s Reliance Industries on Thursday said its retail arm had completed its fundraising exercise as more than half a dozen investors poured 472.65 billion rupees ($6.37 billion) into a 10.09% stake in the company in two months. Reliance Retail Ventures Ltd (RRVL)...
by Sebastian | Nov 19, 2020 | News, SEAPEC
Private-equity deals have surged in Asia and fallen in the Americas this year, highlighting the uneven impact of the coronavirus pandemic, a new study shows. The value of acquisitions in the Asia-Pacific region by private-equity firms more than doubled this year...
by Sebastian | Nov 19, 2020 | News, SEAPEC
A consortium led by US-based Oaktree Capital, including a few other private equity firms such as Varde Partners, has proposed investing up to $2.5 billion into cash-strapped Vodafone Idea Ltd through hybrid debt papers, sources aware of the matter said. The consortium...
by Sebastian | Nov 18, 2020 | News, SEAPEC
Embassy Reit, India’s first public listed real estate investment trust, said it has agreed to buy Embassy Tech Village assets from affiliates of sponsors Embassy Group and Blackstone Group Lp and other shareholders for around $1.3 billion. The acquisition will be...
by Sebastian | Nov 17, 2020 | News, SEAPEC
Indonesia’s new sovereign wealth fund will offer dedicated industry funds in a bid to drum up $15 billion investment and deepen access to global capital by Southeast Asia’s biggest economy, finance minister Sri Mulyani Indrawati told Reuters. The structure, outlined...
by Sebastian | Nov 16, 2020 | News, SEAPEC
The owner of Singaporean instant beverage maker Viz Branz Pte agreed to sell a majority stake to the biggest private equity and alternative asset manager in the Middle East. Bahrain-based Investcorp Holdings BSC said Monday that controlling shareholder Ben Chng will...
