CVC Capital has acquired a 29.16% stake in India-based cancer care center operator HealthCare Global Enterprises (HCG) for INR6.5b (approximately USD86.5m). In a bid to obtain majority control, CVC has also made an open offer to acquire up to 26% of the company held by public shareholders for… Read More
Baring Private Equity Asia has offered to invest up to INR31.9b (approximately USD423m) to take India-based IT service provider Hexaware Technologies private. Baring PE Asia already holds a majority stake in the company and is willing to acquire the remaining 37.6% through the purchase of 112,000,000 shares at… Read More
Contributed by EMPEA Leadership Circle and Legal and Regulatory Council member, Debevoise & Plimpton… Read More
Among the many corporate functions upended by the coronavirus crisis is M&A due diligence. After all, deals used to start with a handshake, with assurance conveyed by touch. But now handshakes, management meetings, dinners, and rounds of golf have been replaced by faces in Zoom boxes. And that’s just the… Read More
We write this article at a point where it is close to impossible to make any predictions about the real extent of the COVID-19 crisis and its actual impacts on the global economy. A few questions start to consistently pop up in the webinars, live events, and crisis committees’ discussion… Read More
The last two years have seen a significant increase in private equity and venture capital investment into fintech, as valuations and opportunities for returns grow. Emerging market fintech attracted a record USD18.4b in private equity-led investment in 2018, according to EMPEA data. 2019 saw another record toppled—this time, transaction volume—with… Read More
The Sanskrit phrase “Vasudhaiva Kutumbakam” (the world is one family) has never been as relevant as it is today and the Indian economy with its close linkages to the global economy is already staring at a big challenge ahead of itself. Fund managers on their part are readying themselves to… Read More
ZWC Partners and Golden Gate Ventures led an undisclosed funding round for GoPlay, the streaming video platform of Indonesia-based ride-hailing company Gojek, with participation from Openspace Ventures, Ideosource Entertainment, and Redbadge Pacific. Read more… Read More
India-focused private equity fund manager InvAscent has invested INR700 (approximately USD9.7m) in India-based eye care chain Sharp Sight Group of Eye Hospitals through India Lifesciences Fund III. Read more… Read More
This issue of the EMPEA Legal and Regulatory Bulletin comes at a time when our industry and the markets where we invest are facing particular challenges due to the impact of the COVID-19 pandemic. EMPEA members, including members of the Legal and Regulatory Council, have provided some of their insights… Read More
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