Ruth David
Stories by Ruth David
SoftBank said to seek loans from banks pitching for IPO of wireless unit
SoftBank Group Corp. has told potential underwriters seeking a large role in the blockbuster IPO of its Japanese wireless unit that they should offer
SoftBank weighs largest IPO ever for domestic wireless business
SoftBank Group Corp. is considering seeking a valuation of about $90 billion for its domestic wireless business in a planned initial public offering.
China’s Fosun said to be mulling takeover bid for $10b Belgian insurer Ageas
Ageas is the biggest life insurance provider in Belgium and #2 non-life insurer.
Geely-owned Volvo Cars IPO sees lower valuations in investor feedback
Institutional investors have indicated the Swedish carmaker is worth about $12 billion to $18 billion in early meetings.
Record global M&A activity has deal-makers speculating on how long it will last
After an unprecedented five years of bumper activity, dealmakers are starting to sound a note of caution.
India: Kraft Heinz mulls sale of milk drink brand Complan for $1b
Consumer acquisitions in India have more than doubled this year to $7.7 billion, up from $3.4 billion during the same period in 2017
HSBC names Rajeev Sahney as head of Asia advisory, corporates
Sahney, who was previously global head of consumer and retail investment banking, will remain in Hong Kong and advise on transactions across sectors.
China’s Geely said to pick Citi, others for Volvo Cars IPO
China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of $16 billion to $30 billion in a stock sale.
SoftBank and Swiss Re’s stake sale talks hit a speed bump
The two sides are said to disagree on the price and size of the stake and how much management control would be handed to Masayoshi Son.
Takeda nearing preliminary agreement to buy Shire after sweetening offer
Takeda has been ramping up its takeover ambitions under Chief Executive Officer Christophe Weber, seeking growth overseas amid patent expirations.