M&A Deal Summary |
|
|---|---|
| Date | 2023-09-27 |
| Target | Shanghai Xingyi Cinema Management |
| Sector | Media |
| Buyer(s) | PAG |
| Sellers(s) | Seazen Group |
| Deal Type | Divestiture |
| Deal Value | 1.4B CNY |
SEARCH BY
| Category | Asset Manager |
|---|---|
| Founded | 2002 |
| PE ASSETS | 30.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
PAG is a large independent alternative investment management group focused on private equity, real estate, and absolute returns. PAG’s private equity business, PAG Asia Capital or PAGAC, focuses on large-scale buyouts, control deals, and structured minority investments. PAG’s real estate strategy manages a series of real estate opportunity and core plus funds investing in properties in Japan, China and throughout Asia-Pacific. PAG’s absolute return business focuses on building long term relationships with its partners by offering a flexible range of financing solutions to meet short and long term funding needs. PAG was formed in 2002 and is headquartered in Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 26 |
| Sector: Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 5 of 5 |
| Country: China M&A | 11 of 11 |
| Year: 2023 M&A | 3 of 3 |
| Size (of disclosed) | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-25 |
Australian Venue Co.
Melbourne, Australia Australian Venue Co. is a food and beverage-led hospitality group that owns and operates more than 210 pubs, bars, and event venues across Australia and New Zealand. Australian Venue Co. is based in Melbourne, Victoria. |
Buy | - |
| Category | Company |
|---|---|
| Founded | 1993 |
| Sector | Real Estate |
| Employees | 19,473 |
| Revenue | 89.2B HKD (2024) |
Seazen Group engages in the investment, development, management, and sale of properties in China. It primarily develops and sells residential properties and mixed-use complexes, as well as provides commercial property management and other services. Seazen Group was founded in 1993 and is based in Shanghai, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Media M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
