Harshita Swaminathan
Stories by Harshita Swaminathan
TPG Global revokes $1.2b bid for Australia’s InvoCare, shares drop 17%
InvoCare offered TPG access to limited, non-public financial information to help it rethink its bid price.
China’s ZJLD Group seeks up to $811.5m in Hong Kong IPO
The spirits manufacturer would raise between $674 million to $811.5 million, the filings show.
China Evergrande says directors fell ‘below standards’ in property unit probe
Evergrande said it was in talks with the unit to repay the funds involved.
Singapore Exchange’s half-year profit soars on strong trading across assets
The bourse operator's adjusted net profit attributable was $178m for the period ended Dec 31, 2022.
Billionaires’ squabble stalls $21b Australia-to-Asia solar power project
The two main backers failed to agree on a new round of funding.
Australia’s Perpetual rejects BPEA, Regal’s improved $1.19b buyout offer
Perpetual is in the process of acquiring rival Pendal Group for A$2.51 billion.
Australia’s Nitro Software receives $320m bid from KKR’s Alludo
This trumps an earlier bid from major shareholder Potentia Capital Management.
TikTok to verify political accounts, ban campaign fundraising ahead of US polls
Social media platforms are working to clamp down on political misinformation before the elections
China Evergrande may transfer some assets to property unit to repay debt
Loans secured by Evergrande Property Services had been diverted to the parent group
Singapore’s Frasers Hospitality shareholders reject $967m take-private offer
Frasers Property had offered to buy out the rest of the stake in the trust
