A Chinese state-backed consortium is snapping up a majority stake in Australian vitamin company Nature’s Care, valuing the firm at around A$800 million ($619.92 million), the latest in a string of deals led by China for global nutrition assets, Reuters reported.
2 min read · 11 April 2018
Singapore state investor Temasek Holding is considering buying stakes in aviation infrastructure and logistics businesses of debt-saddled Chinese group HNA, sources told Reuters.
1 min read · 11 April 2018
Alphabet Inc’s Google is in talks to buy Nokia Oyj’s airplane broadband business, Bloomberg reported on Tuesday, citing people familiar with the matter.
1 min read · 11 April 2018
China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion, which could see its valuation jumping to about $150 billion, Reuters reported.
3 min read · 11 April 2018
Buyout firm Apollo Global Management LLC (APO.N) is seeking to raise more than $4 billion for its third natural resources-focused private equity fund, sources told Reuters.
2 min read · 10 April 2018
Healthcare technology company Analogic Corp (ALOG.O) said on Tuesday it had agreed to be bought by private equity firm Altaris Capital Partners LLC for about $1.1 billion in cash.
1 min read · 10 April 2018
Shopping tax refund firm Global Blue targets a pre-summer stock market listing in Amsterdam as it seeks to take advantage of robust equities valuations, sources told Reuters.
2 min read · 10 April 2018
China’s Sinochem Group has hired seven banks to manage a $2 billion Hong Kong stock listing of its key oil assets, three people said, as the state-owned firm shifts to higher-value businesses, including petrochemicals production, Reuters reported.
2 min read · 10 April 2018
Former macro hedge fund manager Mike Novogratz’s cryptocurrency merchant bank, Galaxy Digital, hired Richard Kim from Goldman Sachs Group Inc as chief operating officer, Bloomberg reported on Monday, citing people with knowledge of the matter.
1 min read · 09 April 2018
Austrian property investor Rene Benko has raised his stake in real estate group S Immo (SIAG.VI) to 29.1 percent of voting rights, just shy of the 30 percent threshold that requires a mandatory takeover offer, S Immo said on Monday.
2 min read · 09 April 2018