Ruth David
Stories by Ruth David
Abu Dhabi’s Finablr said to be struggling to find buyers for London IPO
The holding company for businesses, Travelex Holdings Ltd and the UAE Exchange Centre LLC, could opt to restructure or delay the IPO, sources said.
Carrefour said to mull options for China unit including sale
Carrefour joins other multinational consumer groups in rejigging its China business amid slowing growth.
Strong demand for Uber IPO may set the price at top of range
With a few more hours left for the ride-hailing giant to launch its IPO, investors have put in orders for at least three times the amount of stock on
EQT Partners said to add Goldman, Morgan Stanley as IPO banks
EQT is also considering selling a minority stake in the firm to a strategic investor as an alternative to the IPO.
Dubai’s Network International shares rises after $1.4b London IPO
The Dubai firm’s offering allows shareholders Emirates NBD PJSC, Warburg Pincus and General Atlantic to reduce their stakes.
Nestle said to shortlist Advent-GIC consortium, KKR for skin-health unit bid
Nestle may fetch $8 billion to $10 billion for the assets and the company would prefer to sell the unit as a whole.
ChemChina considers stake sale in Italian tyre maker Pirelli
The move is part of ChemChina's strategic review of the group’s overseas investments.
AB InBev said to pick JPMorgan, Morgan Stanley for Asia IPO
A listing could give AB InBev’s Asian business a value ranging from $40 billion to $70 billion based on early estimates.
Anheuser-Busch InBev shares jump on report of Asian business IPO
The world’s largest brewer has been looking to reduce borrowings following its purchase of SABMiller Plc for more than $100 billion in 2016.
SoftBank set to divest stake in chipmaker Nvidia next year
While SoftBank still holds an equity stake in Nvidia, it has reportedly constructed a so-called collar trade of about $6 billion, which allows investo
