German utilities company RWE has sought to play down expectations of it playing a significant role in Uniper if its joint bid with KKR for the state-owned energy company succeeds, according to a report by Bloomberg.

Private investment major KKR has agreed to acquire Gen II Fund Services, a private capital fund administrator backed by Hg and General Atlantic, in a transaction valuing the business at $5.1bn.

Nova Capital Management has acquired BMP Group and RB Medical from UK manufacturing group Andrew Industries, expanding its portfolio of industrial and specialised manufacturing businesses, according to a report by PE Hub.

Blackstone, Bain Capital and Warburg Pincus are among the private equity firms preparing final offers for the property division of Japanese broadcaster Fuji Media Holdings, with bids expected by the end of October, according to a report by Reuters citing unnamed people familiar with the sale.

Bain Capital is considering a potential investment in Hong Kong property developer New World Development as the heavily indebted company explores options to strengthen its balance sheet, according to a report by Bloomberg citing unnamed people familiar with the matter.

KKR, Blackstone and Warburg Pincus are among the private equity firms weighing potential bids for European windscreen repair business Cary, according to a report by Bloom berg citing unnamed people familiar with the situation.

Japan and Australia are emerging as some of the strongest pockets of M&A activity in Asia as dealmakers contend with geopolitical uncertainty, higher costs and valuation differences that continue to weigh on transactions across the region, according to a report by Bloomberg.