Dinesh Nair
Stories by Dinesh Nair
China’s State Grid to buy 49% stake in Oman Electricity Transmission
The nation’s Nama Holding retain a controlling stake in Oman Electricity after the transaction.
Abu Dhabi said to eye up to $1.5b Aramco IPO stake
Bringing in a major investor from outside the kingdom would be a relief for Saudi Arabia after plans to market the IPO globally were abandoned.
Indonesia’s e-commerce unicorn Tokopedia in talks to raise up to $1.5b
US internet companies, as well as existing investors, are considering contributing to the round.
Aramco said to see nearly enough early orders to pull off IPO
Building early momentum is important in large equity offerings, as investors are encouraged to jump in when they see other institutions rushing to buy
Ooredoo said to mull reducing stake in $4b Myanmar arm
Ooredoo has been gauging interest from potential investors including China Telecommunications about taking a stake in its Myanmar arm.
SoftBank seeks to invest in almost 200 firms with its Vision Funds
The Japanese conglomerate is still in the process of raising money for the new fund.
Mongolian miner ramps up work on $1b Hong Kong IPO
A successful IPO would mark at least the third effort to raise money to develop the Tavan Tolgoi mine after international partnerships failed in 2011
Aramco board set to approve world’s biggest IPO next week
Aramco is speeding up preparations for the IPO with an aim of listing on the Saudi bourse as soon as November.
Cinven, Abu Dhabi wealth fund team up to bid for KKR’s LGC Group
LGC could fetch more than $2 billion including debt in a sale.
Hong Kong Exchange’s $36.6b LSE bid runs into multiple hurdles
LSE and its advisers have wide-ranging concerns, including the possible influence of China on the HKEX, and the deal could face pushback from U.K. and
