Cathy Chan
Stories by Cathy Chan
Canada’s Sun Life said to pursue $3b Hong Kong insurer FTLife
The Toronto-based insurer is competing with other bidders including the billionaire Cheng family’s Chow Tai Fook (Holding) Ltd.
UBS Group looking to take majority in Chinese securities JV
UBS is among the foreign banks that have gotten the furthest in building an onshore securities business.
Citigroup said to weigh exiting its China securities joint venture
With the government now allowing them to take majority ownership, some, like Citigroup, have been hamstrung by partners’ reluctance to sell.
Goldman Sachs names Leland to head Asia investment banking ops
Leland became a Goldman managing director in 2000 and was named partner in 2006.
SG’s Keppel nears deal to buy Blackstone-backed chemical firm Ixom
Acquiring Ixom would help Keppel Infrastructure, led by recently appointed Chief Executive Officer Matthew Pollard, to widen its exposure beyond Singa
KKR is at centre of tussle for control of Indonesian noodle firm Tiga Pilar
At a shareholder meeting in July, KKR -- which holds 35% of Tiga Pilar’s voting stock -- successfully voted to oust the company’s board of directo
China Renaissance plunges in its HK listing debut, following the trend
China Renaissance Holdings Ltd became the latest high-profile IPO that failed to resonate with investors.
KKR said to sell Singapore’s MMI Holdings, its oldest Asian investment, for $645m
The buyout firm will generate a return of about 1.6 times its initial investment in MMI.
China’s Hillhouse-backed consortium said to drop buyout plan of Yum China
The investor group, which also included KKR & Co and China’s sovereign wealth fund, has decided not to continue pursuing a deal after its initial pr
Private banks are starting to breach wall around China’s wealthy
The collective fortunes of China’s uber-rich grew a staggering 65 percent, or $177 billion, last year, according to the Bloomberg Billionaires Index
