Aston Tan

The European firm has made yet another investment from EQT Greater China II through the acquisition of a 65 percent stake in Qinyuan Bakery.

A winner for the Indian asset is likely to be determined this week, putting to rest a bidding war which has involved private equity firms Apax Partners, The Carlyle Group and Advent International.

The consortium has invested $400m in equity into Indonesian stock exchange-listed Delta Dunia Makmur. China Investment Corporation is reported to be joining as a third co-investor.

The private equity firm edged out rivals Bain, KKR and ChrysCapital for a minority stake in the Bangalore-based outsourcer.

Rockley Group and Blue Oak Capital have each launched a fund this week in conjunction with local municipal governments in China.

Hiroshi Matsumoto will be replaced by Yoji Anzai, currently a Tokyo-based partner.

The China Securities Regulatory Commission has approved the proposed sale of Morgan Stanley's 34.3% holding in China International Capital Corporation.

Mumbai-based Sanjiv Aggarwal and Shomik Mukherjee, and Beijing-based Tao Sun and Dong Zhong have been promoted to partners at the firm.

The parent of fast food operator QSR, which owns the KFC and Pizza Hut chains in Malaysia and Singapore, has rejected Carlyle's offer.

On the heels of reports Hopu planned to wind down, Fang Fenglei's firm has struck a deal with seven other investors including Temasek to back China's largest orange plantation.