Scott Deveau
Stories by Scott Deveau
China Biologic draws investor flak over rejected takeover bid
York Capital Management said in a letter to China Biologic’s board that several other holders, including Comgest Global Investors and Kite Lake Capi
Fairfax Financial to invest additional $500m in Hong Kong’s Seaspan
The company plans to use the capital to acquire containership companies as well as the surrounding infrastructure in the sector.
Xerox ends $6.1b Fujifilm deal in triumph for activist investor Icahn
The settlement marks the end of a tumultuous fight between Xerox and Icahn over a transaction that would cede control of the once-iconic American inno
New York-based GIP said to mull raising its largest infra fund to date
Global Infrastructure Partners, an owner of London’s Gatwick Airport, has started talking to investors about a potential infrastructure fund that co
HNA in talks with bidders for London properties, Brookfield among interested parties
HNA plans to sell about 100 billion yuan ($16 billion) of assets in the first half of this year as it attempts to stave off a liquidity crunch.
Aristeia Capital says Weibo backer Sina could fetch 67% premium in share sale
Sina fired back at the activist’s campaign, saying that Aristeia’s proposals might destroy shareholder value.
Altice said to consider seeking equity funds for Charter Bid
Altice & its U.S. subsidiary are among a group of possible suitors for Charter that includes Japan’s SoftBank.
Activist investor Jana exits Whole Foods stake with $300m profit
Jana Partners sold its stake for combined proceeds of about $1.1 billion.
India: Brookfield, ATC vying for Idea and Vodafone’s tower assets
The deal could be worth $1.5 billion.
India: Canadian pension fund CPDQ looks to buy stake in Kotak Mahindra Bank
A sale would help Kotak comply with a central bank directive to cut his ownership in the lender to 30%.