Exits

The Middle East port operator feels disappointed by the government’s renewal terms and that its contributions in the economy are ‘not fully recognised’.

Listed insurance group, Aon, has agreed to acquire the Cleveland, Ohio-based real assets consultant and multi-manager for $475m.

The Chinese operator continues its global expansion, following a $1.12bn investment in Sri Lanka last month.

The two southeast Asia-focused fund managers are selling their stakes in 30MW of operating solar plants in Thailand to a local zinc producer.

The multi-asset manager secured a 3.2 times return multiple and a 19% IRR from the sale of its remaining stake Sembcorp Green Infra.

The state-owned company is seeking to raise up to $700m from the stake sale.

The largest in-building mobile telecoms firm in the country was the last asset in VinaCapital’s London-listed Vietnam Infrastructure fund.

The HK-based investors see the German company as an opportunity to gain a foothold in the European sub-metering market. But the deal comes at a time of increased government scrutiny on foreign acquisitions of critical infra. 

TINC is set to acquire nearly a quarter of the highway PPP six months after raising €77m via a capital increase.

The government of Singapore and the city state’s monetary authority acted as one of the trust’s largest anchor investors.