Tencent Holdings Limited has agreed to acquire approximately 14.6% of San Francisco-based mobile gaming firm Glu Mobile Inc. for US$126 million, further expanding the Chinese Internet firm's gaming assets globally, according to a company announcement. Tencent is to purchase 21 million shares of Glu’s common stock at a price of US$6.00 per share. The deal, […]

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New York Stock Exchange-listed China Cord Blood Corporation, in which KKR & Co. L.P. has made an investment in, has received a take-private offer from its largest shareholder, Golden Meditech Holdings Limited, according to a company announcement. Hong Kong-listed Chinese healthcare firm Golden Meditech, which owns approximately 46.3% of China Cord Blood as of March […]

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Hong Kong-listed China Water Affairs Group has agreed to acquire all shares in Goldtrust Water Holdings Limited held by a fund managed by JP Morgan Asset Management for US$109.7 million, providing a full exit for the investment firm, according to a regulatory filing. JP Morgan's Asian Infrastructure & Related Resources Opportunity Fund invested in Goldtrust […]

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