Aston Tan
Regulatory concerns remain unresolved. Both parties will seek other ways to go forward with the deal which would have seen Carlyle's Kbro sold to the mobile carrier for TWD440m and a 15.5 percent company stake.
The Japanese mid-market buyout firm is targeting up to ¥50bn for its second fund, which is looking for a close in March next year.
The Sydney-headquartered firm will seek to raise ‘several hundred million dollars’ each for a private equity and real estate fund which are ‘risk-adjusted to Australia but reward-adjusted to China’.
The Shanghai-listed company will commit around $44m to Blackstone’s maiden RMB-denominated fund, which aims to raise roughly $735m.
KKR is now bidding alone for the Australian hospital operator against a trio comprising Blackstone, TPG and Carlyle.
Chris Laskowski is returning to Hong Kong to head Citi’s financial entrepreneurs group in Asia.
Li Tuchun, founder of Chinese dairy drink company Taizinai, has reportedly been detained under suspicion of embezzlement. The company, which saw investments from Actis, Morgan Stanley and Goldman Sachs, is currently undergoing a comprehensive restructuring.
The financing, which is in the form of a structured credit deal, will be used to further expand the company's operations in India.
The turnaround specialist has departed one of India's most difficult sectors with a $47m profit.
The firm has recently inked four growth capital deals including the backing of an Indian dairy company.