by Sebastian | Nov 16, 2020 | News, SEAPEC
Walmart Inc. is selling most of Japanese retailer Seiyu to KKR & Co. and Rakuten Inc. in a deal that values the supermarket chain at 172.5 billion yen ($1.6 billion), as the U.S. giant retreats from its two-decade attempt to crack Japan’s retail market. Under...
by Sebastian | Nov 13, 2020 | News, SEAPEC
CrossInvest (Asia) Pte. is looking to buy money management rivals and strike private equity deals in the fintech space with a goal of boosting assets under management to over $3.5 billion by 2023. Cem Ayhan Azak, who previously worked at Barclays Plc, bought a 95%...
by Sebastian | Nov 10, 2020 | News, SEAPEC
Cerberus Capital Management LP is seeking $3 billion for its latest flagship fund, which will pursue investments ranging from private equity to the debt of companies in financial distress, people familiar with the matter said on Monday. The New York-based firm, whose...
by Sebastian | Nov 9, 2020 | News, SEAPEC
KKR believes the Philippines’ stable currency and strong level of foreign reserves, its focus on keeping inflation low, and the introduction of reform programs aimed at improving the investment climate are additional characteristics that drive the country’s...
by Sebastian | Nov 9, 2020 | News, SEAPEC
Cinven has agreed to buy Miller, the specialist insurance broker owned by Willis Towers Watson Plc, in its first deal from a new fund dedicated to financial services investments. The private equity firm is teaming up with Singapore’s sovereign wealth fund GIC Pte to...
by Sebastian | Nov 7, 2020 | News, SEAPEC
Global investment firm, Goldman Sachs, has injected $150 million in the biopharmaceutical major, Biocon, after the transaction was approved from the board of its subsidiary Biocon Biologics announced earlier this week. According to the terms of the proposed...
