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Himanshi Akhand

Stories by Himanshi Akhand

Deals

Star Entertainment gets lifeline, to sell Brisbane complex to HK partners

Cash-strapped Star has been under immense pressure to avoid voluntary administration

IPOs & Markets

WuXi AppTec to raise $500m in convertible bond sale as US restrictions loom

Wuxi Apptec said the proceeds would be used to fund its global expansion and debt refinancing.

Private Equity

Qatar Airways to buy 25% stake in Virgin Australia from Bain

Bain had bought Virgin Australia for $2.42b including liabilities in 2020.

Deals

Australia’s Liontown Resources secures $250m from LG Energy

EV battery maker LGES offered $250 million in five-year convertible notes secured at a conversion price of A$1.80 per share.

Earnings and Results

Singapore’s Keppel logs higher nine-month earnings on strong energy show

Keppel said net profit for the September quarter was higher, underpinned by its robust integrated power business.

Policy & Regulations

Singapore’s competition regulator raises concerns on Grab’s plan to buy Trans-cab

The commission said it needed to review the competition effects of the proposed acquisition.

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