Chris Thomas
Stories by Chris Thomas
Indian govt plans Axis Bank stake sale to raise up to $748m
The government, which holds a 9.56 percent stake in the private sector lender, will sell up to 50.8 million shares, or a 1.98 percent holding.
HDFC Bank launches up to $2.26b share sale in US and India
With its focus on retail clients and a lower bad-loan ratio, HDFC Bank is an investor favourite at a time when India's banking sector has been plagued
Wipro to buy US-based Alight’s India operations for $117m
The deal is expected to be completed in the quarter ending September.
Australian hospital operator Healthscope gets $3.3b bid from Canada’s Brookfield
Healthscope had received a $3.1-billion offer from BGH Capital and its partners, including AustralianSuper and GIC, last month.
Canada’s NorthWest REIT buys rights to 10% stake in Australia’s Healthscope
The acquisition values the stake at about A$416 million ($313.04 million).
Australian regulator gives go ahead to Unibail-Westfield deal
Westfield is the owner of World Trade Center in New York, Westfield London and other high profile shopping centers.
Telstra, News Corp announce merger of Foxtel and Fox Sports in Australia
News Corp will hold 65 percent in the combined venture and Telstra, 35 percent.
Varian Medical to buy Australia’s Sirtex for $1.3b
Varian said it plans to finance the acquisition using cash on hand and proceeds from borrowings.
