Fosun Eyes $1 Billion Private-Equity Fund

Fosun Eyes $1 Billion Private-Equity Fund

Wall Street Journal 20 May 2013 SHANGHAI — Chinese conglomerate Fosun International Ltd. 0656.HK -2.04% is raising a $1 billion private-equity fund that will invest in Europe and international companies seeking to expand in China, according to a person familiar with...
China’s GDC Technology plans $75 mln U.S. market debut

China’s GDC Technology plans $75 mln U.S. market debut

Reuters 23 May 2013 GDC Technology Ltd, a Chinese digital cinema equipment maker backed by private equity firm Carlyle Group, has applied for a listing on U.S. stock exchange Nasdaq of up to $75 million. GDC is the second Chinese company to seek a U.S. initial public...
Ctrip Purchases Com.openet. hotel.view

Ctrip Purchases Com.openet. hotel.view

Pedaily.cn 23 May 2013 According to a source, Ctrip has reached a purchase or investment agreement with Com.openet.hotel.view, a hotel reservation application program and would put Com.openet.hotel.view under the management of its wireless business. Thedeal value...
Tiger Global invests $50m in WordPress parent Automattic

Tiger Global invests $50m in WordPress parent Automattic

Venture Beat 25 May 2013 Blogging service WordPress’s parent company Automattic is getting a $50 million investment from Tiger Global, according to WordPress founder Matt Mullenweg. The announcement comes from a blog post on Mullenweg’s personal site today, and this...
Fosun Eyes $1 Billion Private-Equity Fund

Companies Line Up to Offer Public Funds

CaixinOnline 24 May 2013 (Beijing) – Several securities firms and private funds have lined up for regulatory approval to launch public funds after June 1, when a policy that permits them into the business came into effect. The most promising candidates to receive the...
JetBlue founder to take Brazilian airline Azul public

JetBlue founder to take Brazilian airline Azul public

Brazil Daily 29 May 2013 David Neeleman, the founder of US carrier JetBlue, has filed plans to take his Brazilian airline public in a deal that is set to raise about R$1bn (US$487m) and help bolster his position in one of the industry’s fastest-growing markets. Azul,...