1. News
December 15, 2017

M&As this week: Tencent Holdings, AP Cayman Partners

Web portal services provider Tencent Holdings has signed an agreement to acquire a minority stake in supermarket operator Yonghui Superstores.

Web portal services provider Tencent Holdings has signed an agreement to acquire a minority stake in supermarket operator Yonghui Superstores .

Both companies based in China.

AP Cayman Partners II, along with Japan Ireland Investment Partners Unlimited and an investment company, has acquired a 16.69% stake in Japanese eyewear and hearing aids retailer Visionaryholdings.

AP Cayman Partners II is an investment fund managed by UK-based private equity firm Advantage Partners LLP, while Japan Ireland Investment Partners is an Irish holding company.