AGIC Capital, an Asia-Europe cross border growth equity firm founded by former Deutsche Bank executive Henry Cai, has acquired a large majority stake in Gimatic Srl, an Italian manufacturer of pneumatic and electric grippers for industrial automation. Financial details of the transaction were not revealed. In an announcement, AGIC Capital says the the total enterprise […]
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Asian private equity firm Navis Capital Partners has invested an undisclosed amount in French ultra-luxury furniture brand Christian Liaigre Group. The transaction was made in conjunction with Symphony International Holdings Ltd, a Singapore-based investment holding company focused on lifestyle and healthcare businesses, and Chanintr Living, a Thai-based furniture retailer, which operates Liaigre showrooms, says an […]
China's largest ride share company Didi Chuxing has received a US$600 million investment from China Life Insurance Co. Ltd., following a US$1 billion injection from Apple Inc and a US$400 million infusion from Alibaba Group Holdings Ltd. and its Internet finance unit Ant Financial last month. According to Tencent Technology citing a company announcement, China […]
Venture-backed China Online Education Group, the operator of online English language education firm 51Talk, has completed an initial public offering in the U.S. raising an aggregate of approximately US$45.6 million. The company placed 2.4 million American Depositary Shares (ADS) at US$19 apiece. The above issuing size is assuming no over-allotment options are exercised. At the […]