Myanmar President Thein Sein signed a much anticipated Foreign Investment Law on 2 November, after the bill was passed by Parliament a day earlier. At his first domestic press conference last month, President Sein said that Myanmar needed foreign investments to create jobs. The country reportedly attracted USD660m in foreign
Wellington Financial has provided a USD2.4m venture debt financing for TIM Group, a SaaS developer of applications serving the financial services industry. Under the terms of the venture loan facility, Wellington Financial provided a term loan of USD2.4m to TIM Group and Barclays Bank provided an additional GBP500,000 overdraft facility.
Harbinger Group has formed a joint venture with EXCO Resources to create a private oil and gas limited partnership that will purchase and operate EXCO’s US conventional oil and gas assets, for a total consideration of USD725m. Under the terms of the agreement, the partnership will own EXCO’s conventional oil
AXA Private Equity is opening an office in Beijing, the firm’s first in China. AXA Private Equity is opening an office in Beijing, the firm’s first in China. The move will boost the firm’s presence in Asia as it continues its international growth strategy. AXA Private Equity opened its first
Investcorp, a provider and manager of alternative investment products, is to acquire Scandinavia’s luxury retailer Georg Jensen for USD140m from private equity group Axcel Capital Partners. As part of this transaction, Investcorp has teamed up with David Chu, the luxury brand entrepreneur and founder of Nautica, who will join the
Private equity firm Z Capital Partners has promoted four members of its team – Martin J Auerbach, Christopher J Kipley, Rahul Sawhney and Jonathan Schmugge – to senior managing director and partner. All four individuals were previously managing directors. James Zenni, president and chief executive of Z Capital Partners, says:
Sidewinder Drilling, a Houston-based land drilling company controlled by private equity firm Avista Capital Partners, is to acquire Union Drilling. Sidewinder’s wholly-owned subsidiary, Fastball Acquisition, is to acquire all outstanding shares of common stock of Union Drilling for USD6.50 per share, net to the seller in cash, without interest and
Humana has acquired Certify Data Systems, a specialist in health information exchange (HIE) technology. Terms of the transaction have not been disclosed. Hospitals, physicians and laboratories across the nation have adopted the HealthLogix Enterprise HIE platform from Certify. The platform provides two-way sharing of clinical information across disparate electronic health
A fund managed by Blackstone on behalf of its private equity investors, Blackstone Capital Partners V, has completed its purchase of GCA Services Group from Nautic Partners and other minority shareholders. Credit Suisse and Morgan Stanley acted as M&A advisers to Blackstone and provided financing for the transaction. Simpson Thacher
AXA Private Equity has participated in the EUR20m capital increase of the online travel agency Bravofly. Proceeds of the fundraising have been used to finance the acquisition of Rumbo, a Spanish online travel company. Founded in 2004, Bravofly allows internet users to search, compare and book airline tickets from low-cost
12 November, 2026 – 5:00 pm
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12 February, 2026 – 8:00 am
12 February, 2026 – 5:00 pm
