TOKYO (Reuters) - Private equity firm Bain Capital will buy a 50 percent stake in Jupiter Shop Channel, a television shopping company, for about 100 billion yen ($1.3 billion) in Japan's largest private equity transaction this year, according to a person with direct knowledge of the firm.
SYDNEY (Reuters) - Australian media conglomerate Seven Group may bid to gain control of Consolidated Media Holdings, the nation's competition regulator said, taking on Rupert Murdoch's News Corp in a battle for coveted pay-TV assets.
SINGAPORE (Reuters) - A planned S$60 million ($47 million) reverse takeover of Singapore bed linen maker Aussino Group may not materialize as the firm planning to inject assets into Aussino is linked to a Myanmar businessman on a U.S. blacklist, bankers and lawyers said on Friday.
TAIPEI (Reuters) - Taiwanese chip designer Mediatek offered to buy rival Mstar Semiconductor to boost their competitiveness in the fast-growing market for chips that power mobile devices and new gadgets like smart TVs.
HONG KONG (Reuters) - Private equity fund Carlyle Group is in talks with banks to refinance A$1.9 billion ($1.9 billion) in loans used to buy out Australian equipment hire company Coates Hire Ltd, two sources familiar with the matter told Reuters.
MILAN (Reuters) - Italian insurer Unipol said on Friday it expects to sell 1.7 billion euros ($2.1 billion) in premiums to meet antitrust demands as it presses ahead with its plan to rescue troubled peer Fondairia-SAI .
HONG KONG (Reuters) - China's state-owned insurer PICC Group has secured approval from the Hong Kong stock exchange for a planned initial public offering of up to $3 billion, though volatile markets mean a sale is unlikely to take place anytime soon, a source with direct knowledge of the matter said.