Sharon Lim
CCMP Capital Asia, the former Asian private equity arm of JP Morgan, is working with a local retailer to buy a Korean chain of convenience stores previously owned by Orion Corp., a local media and entertainment company.
Ilshin Investment, the venture capital subsidiary of a Korean cotton spinner, has joined hands with Australia’s Macquarie Bank to raise a $100 million Korean mid-market growth and buyout fund.
Affinity Equity Partners, a pan-Asian buyout firm, is aiming for at least $1.5 billion for a new fund, Fund III, it will start raising toward the end of the year.
Gresham Private Equity, a buyout specialist in Australia and New Zealand, has acquired Witchery, an Australian women clothing chain for a reported A$130 million.
PCCW has terminated talks with TPG-Newbridge and Macquarie Bank, both of whom were vying for PCCW’s telecommunications and media assets.
Bain Capital, The Blackstone Group and Pacific Equity Partners are joining a consortium of buyout firms that has approached Coles Myer with a takeover offer.
Navis Capital Partners, a mid-market buyout firm, has bought Wendy’s, an Australian ice cream company.
Ironbridge Capital, an Australian private equity firm, is expanding the business of a backpacker accommodation provider in New Zealand via a merger with a rival.
Affinity Equity Partners, an Asian private equity firm, is defending what has been criticized a ‘flawed’ takeover bid for Colorado Group, a listed Australian clothing retailer.
Affinity Equity Partners, an Asian private equity firm, is launching a hostile takeover of an Australian retailer in the first unsolicited public-to-private attempt by a conventional buyout firm in the country.