Eyk Henning
Stories by Eyk Henning
Hong Kong-based Hillhouse to bid for Thyssenkrupp’s elevator unit
Hillhouse Capital is among bidders for Thyssenkrupp AG’s elevator unit as competition heats up.
Germany’s Wirecard buys Chinese payments firm AllScore
The deal gives the German provider access to a potentially lucrative Chinese license for processing credit-card and mobile transactions.
India’s Cox & Kings said to weigh sale of European hotel chain Meininger
The company is working with Lazard Ltd. to gauge interest from potential suitors for Berlin-based Meininger.
Japan’s Nidec, Germany’s Schaeffler eye $1b Taiwanese components maker
Any sale would add to the $4.7 billion of announced acquisitions of Taiwanese companies this year, compared with $5.7 billion during the same period i
China’s Fosun said to be in talks to buy stake in retailer Metro
Fosun’s interest may lead to bidding wars with 2 little-known Eastern European investors who have been building up stakes in Metro in recent months.
Block.one said to raise fresh funding from Peter Thiel, Bitmain
Other co-investors in the current round include Louis Bacon, founder of Moore Capital Management LP, and fellow hedge fund billionaire Alan Howard.
Praxair said to near $6b Europe asset sale to Taiyo Nippon
The asset sale is part of a plan to gain approval for a tie up with Germany’s Linde AG.
Thyssenkrupp, Tata Steel closer to realising joint venture after union approval
In the revised deal, Thyssenkrupp will own about 55 percent of the equity in the new company and Tata will have 45 percent.
Germany’s Grammer agrees to $889m takeover offer from China’s Ningbo Jifeng Auto
The deal will “further stabilize the shareholder structure” and “optimize the global footprint and secure the global growth strategy” of the t
Bank Negara green lights HNA stake in Deutsche Malaysian arm
HNA built up its holding in Deutsche Bank to just under 10% as of May, making it the lender’s biggest single shareholder.