Sharon Lim

In another example of an Australian unsolicited take-private bid, DCA Group, an Australian healthcare provider, has received “highly conditional” takeover proposals from unnamed private equity groups.

Two private equity firms, one in Hong Kong, and the other in London, are poised to take a controlling stake in a mobile phone operator in New Zealand that has been attempting to break the country’s duopoly.

Actis, a UK Private equity firm, is investing $42 million to fund the expansion of an Indian over-the-counter healthcare and personal care business.

Baring Private Equity Asia has raised $490 million in a new Asia-focused fund that will be seeking opportunities in Japan for the first time, founding partner and chief executive officer, Jean Eric Salata tells PEO.

MBK Partners, a North Asian-focused private equity fund manager, has led a $122.6 million purchase of a controlling stake in Korea’s HK Mutual Savings Bank.

Shares of Coles Myer has traded lower after the second largest Australian retailer rejected an indicative A$17.4 billion bid put forward by a private equity syndicate.

Two investee companies of London Asia, a China-focused investment and merchant bank, will begin trading on UK’s PLUS Markets, a trading platform for shares of small to mid-cap companies.

Sequoia Capital, a US venture capitalist, has acquired a 9 percent stake in the software business of Flextronics International, which has completed the sale of a controlling stake to Kohlberg Kravis Roberts.

Draper Fisher Jurvetson, DFJ Dragon, Intel Capital China and WR Hambrecht are among a few institutional investors that participated in a Series B financing round for YeePay, an e-payment service provider in China.

The private equity arm of Infrastructure Finance Company has agreed to commit up to $60 million to fund a gas grid operator startup in the Indian state of Andhra Pradesh.