kkr

India’s largest multispecialty hospital network by bed capacity opened more than 10% above its offer price. In another deal, KKR has acquired Hyderabad-based hospital chain Medicover Hospitals India, as the country’s private healthcare market grows.

As part of the agreement, KKR will acquire $820m of newly issued Samsung SDS convertible bonds; Samsung SDS will spend the money on M&A and improving its AI capabilities.

Singapore's ST Telemedia Global Data Centres has 2.3GW of design capacity across 12 markets in Asia Pacific, the UK and Europe; it is the largest ever data centre deal in SEA.

The fundraise includes $1.8bn for KKR Asia Credit Opportunities Fund II as the investment giant sees growing investor demand for allocation to private credit in the region; the fund has been used for deals in Hong Kong, India and Australia.

Prudential Financial is selling its 13% stake in the Hong Kong-headquartered reinsurer, which is majority owned by Chinese conglomerate Fosun.

Private equity firm TPG is selling the luxury cosmetics packaging firm after purchasing it in July 2023 for around $230m.

Zenith provides sustainable and hybrid power for Australia's off-grid mining industry; the deal will help the firm invest in large-scale projects.

The $400m deal will see global PE firm acquire up to 54% of equity from CVC, and up to a total 77% stake of the Indian cancer care specialist; KKR made several significant investments into Indian healthcare firms last year, as regional PE deals bounceback.

The PE firm says the fund, which has already invested in telecommunications' towers in the Philippines and roads in India, is the largest ever Apac pan-regional infrastructure fundraise.