Cathy Chan
Stories by Cathy Chan
Bain, CVC, KKR among bidders for Hong Kong gaming firm Leyou
The firms are currently discussing potential financing options with investment banks.
EQT said to mull sale of Papa John’s Pizza franchisee in China
A deal could value the franchise operator at about $100 million to $200 million.
China’s Harbin Pharma mulls taking over US-based vitamin retailer
Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.
UBS is slashing 40 banking jobs in Asia Pacific to trim cost
The staff reductions are roughly split between UBS’s markets and investment-banking teams.
HNA stymied in attempt to sell out of $8.5b plane lessor
HNA reached out to Orix Corp to gauge the latter's interest in buying its remaining 70% stake in Avolon.
Citigroup plans to set up wholly owned securities business in China
The New York-based bank may initially focus on brokerage and futures trading.
Ex-Morgan Stanley banker raises $3.2b for two Korea-focused funds
Seoul-based Hahn & Co raised $2.7 billion for its third buyout fund and $500 million for a co-investment fund.
Baring PE Asia in talks to buy XIO Group unit Lumenis for over $1b
XIO, a buyout firm with investment offices in HK and China, bought Lumenis for about $510 million in 2015.
UBS banks on China’s Nasdaq-style exchange to offset HK ban
Beijing-based UBS Securities Co. aims to boost fees from arranging share sales on the technology board.
Nomura on track to hire 100 employees in new Chinese securities venture
Nomura has received in-principle approval from Chinese regulators for four licenses, covering brokerage, proprietary trading, asset management and res