Kane Wu
Stories by Kane Wu
Noble Group buys time with another credit extension, but future remains uncertain
The company, which has bank debt of about $1.2 billion and bonds aggregating about $2.3 billion, did not indicate the size of the credit being extende
HNA unit hires CITIC CLSA for $200m pre-IPO fundraising after Goldman’s exit
Goldman began due diligence on HNA and Pactera in August after winning a mandate to lead the funding round. It later pulled out because the deal did n
Blackstone hires Bain dealmaker in Japan corporate buyout push
Atsuhiko Sakamoto, who has been with Bain since 2007, focused on the tech, media and telecoms sectors.
China’s Sinochem seeking to sell logistics unit for $530m
This is part of the Sinochem conglomerate's efforts to respond to Beijing's push for a slimmer state sector.
CVC gauges interest from Chinese suitors for components maker Linxens
The French company, which manufactures components that make credit cards, ID cards or health cards machine-readable, could be valued at 2.5 billion eu
Blackstone to buy China-based packager ShyaHsin for $800-900m
The deal will be Blackstone’s first private equity investment in China since 2014.
Chinese investors scout for overseas education assets to meet demand at home
Citic Capital has submitted a bid for Australia's Study Group, and is partnering Baring PE Asia to acquire Pearson-owned Wall Street English for $350
HK-based Baring PE Asia raising new $6b emerging markets fund
Baring's 7th Asia fund and largest to date is expected to close in 8-12 months.
Temasek-backed ACR Capital calls off sale to Shenzhen govt group
ACR is the holding firm for Singapore-based insurer Asia Capital Reinsurance Group
China’s Meituan-Dianping plans U.S. IPO of at least $3b next year
It would be the largest listing of a Chinese company in the US since Alibaba’s record $2b float in 2014.
