Arundhati Dutta
Stories by Arundhati Dutta
Malaysia’s AirAsia X completes debt restructure, to write back nearly $8b to profit
This will now pave the way for the proposed 500 million ringgit fundraising.
China’s Shimao sells Shanghai hotel to state-owned firm for $708m
The deal is part of the Chinese government's push to buy assets from cash-strapped private developers.
Australia’s AMP to sell infrastructure debt platform to Ares for $310m
The deal would result in Ares gaining the debt platform's A$7 billion in invested AUM and its team.
Air New Zealand gets further $338m govt loan as pandemic headwinds continue
The new package makes overall liquidity support of NZ$2 billion available to the airline.
China Evergrande says stake sale at property services unit terminated
The deal with a unit of Hopson Development would have been worth $2.58 billion.
Sweden’s PE firm EQT walks away from $2b bid for Australia’s Iress
Iress shares fell 10.7% to A$12.08 ($8.83) after Friday's announcement by the two firms.
Boral to sell N American building products business for $2.2b
Following the sale, Boral's net debt target would fall from A$1.5 billion to A$1.3 billion.
Australia’s Ramsay Health Care to buy UK’s Spire for $1.4b
The 240 pence per Spire share offer is at a 24.4% premium to the stock's last closing price.
Australian waste management firm Bingo agrees to $1.8b buyout by Macquarie funds
CPE Capital had approached Bingo in January with MIRA but reportedly dropped out recently.
Australia’s Centuria Capital to acquire Primewest for $462m
Primewest shareholders will get A$1.51 per share, a 3.1% premium to its last closing price.
