Scott Murdoch
Stories by Scott Murdoch
China’s Zeekr revives $500m US IPO plan
The deal was put on ice last Nov due to a mismatch in valuation expectations amid a volatile global market.
Blackstone eyes $300m IPO of Indian diamond certification firm IGI
Blackstone acquired IGI for $570 million in May 2023 from Chinese conglomerate Fosun.
Austal rejects Hanwha’s $662m offer citing regulatory hurdles
Austal said the offer was unlikely to be approved by Australian, US regulators.
JPMorgan appoints Rita Chan, Alan Ho as co-senior country officers for China
The pair will take up their appointments on April 1 and replace the retiring Mark Leung.
Funds raised by Indian companies from IPOs surged over 12x to $2.3b in Q1 2024
India has emerged as the second busiest market for equity capital market deals after the US.
No time to waste: Japan Inc set to expedite pursuit of overseas deals
Nearly $17b worth of overseas acquisitions by Japanese companies have been announced this year.
SingTel looking to sell significant stake in Australian unit Optus to Brookfield: report
SingTel had dismissed an AFR report that it was in talks to sell Optus.
Japan’s J-Power makes $249m bid for Australian renewables firm Genex
The Japanese firm, which owns a 7.7% stake in Genex, had previously made an offer to buy the company at a price of A$0.240 per share.
Country Garden faces liquidation petition in another blow to China’s property sector
The petition is set to revive homebuyer and creditor concerns about the Chinese property sector's debt crisis.
Nod for ANZ-Suncorp buyout is no green light for similar deals: Australia competition tribunal
Under the existing rules, it is voluntary to apply for ACCC approval in a merger.
