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Nigerian SWF teams up with two tycoons, PE-style firm to build multipurpose arena

The sovereign wealth fund of Nigeria has joined hands with two local business tycoons and a private equity-style firm to build the largest multipurpose sports ..

Africa50 nears halfway mark in first close of infrastructure fund

Africa50 Group, a pan-African infrastructure investment firm, said Tuesday it has hit the first close for its Africa50 Infrastructure Acceleration Fund after securing $222.5 million ..

Vietnamese fibreboard producer Kim Tin set to get offshore investor

KES Group Corporation, the largest Vietnamese producer of engineered wood panels and part of Kim Tin Group, is close to raising a new round of ..

Grapevine: Sony may call off India unit merger with Zee; IndoStar sells stressed asset portfolio

Japanese media major Sony may call of the merger of its India unit with homegrown media conglomerate Zee Entertainment over a disagreement on who may ..

Bottomline: ChrysCap, SWFs-backed Intas Pharma facing headwinds

Gujarat-based drugmaker Intas Pharmaceuticals Ltd has had a nearly three-decade-long tryst with private equity investors, having raised capital from ICICI Venture way back in 1996 ..

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