PamelaBarbaglia
Stories by PamelaBarbaglia
China’s Shandong Ruyi fails to secure financing for $600m Bally acquisition
The group's financing woes have been exacerbated by the outbreak of the coronavirus in China.
China’s HNA steps up efforts to sell Swissport at big discount
The Chinese conglomerate has rekindled talks with several heavyweight investment funds as it needs to raise cash to cut its debts.
Tencent taps GIC, sovereign funds to rescue Universal Music deal
The deal would also mark one of the biggest investments by a Chinese company into a major European media business.
M&A activity in Asia drops 20% to $160b; global deals sink to 3-yr low
Dealmakers said a mismatch between buyer and seller valuation expectations often proved hard to bridge.
HK exchange not to give up on LSE takeover even after UK bourse rejects $39b bid
The flat rejection indicates HKEX boss Charles Li is unlikely to win LSE board round with an improved offer.
Buyout firm EQT Partners sharpens focus on Asia Pacific
Asia Pacific represents around 16% of EQT's portfolio.
Nestle in talks with EQT Partners-led group for skincare unit sale
EQT is putting the finishing touches to the deal, which would value the unit at up to $10 billion.
KKR, Tencent said to mull bids for Universal Music
The deal could potentially be worth up 20 billion euros ($22.73 billion).
KKR, German insurer Allianz among four suitors for Altice’s fiber business
The two other bidding groups are led by Australian investment firm Macquarie and U.S. infrastructure fund I Squared Capital respectively.
HSBC adds seven new bankers in infra, power and real estate teams
The moves coincide with a shift toward renewable energy sources that is driving a wave of consolidation among traditional utilities and power companie
