Scott Murdoch
Stories by Scott Murdoch
Virgin Australia administrator picks Bain, Cyrus Capital as final bidders
Cyrus was an investor in Virgin America alongside Virgin founder Richard Branson before its sale to Alaska Airlines.
Netease targets to raise up to $3b in Hong Kong secondary listing
Netease is only the second company to launch a secondary listing in Hong Kong, following Alibaba in 2019.
Virgin Australia administrator to shortlist two bidders next week
The four on the initial shortlist included BGH Capital, Bain Capital, Indigo Partners and Cyrus Capital Partners.
China’s Geely Automobile launches share placement of up to $859m
Geely Automobile and Volvo - which Geely's parent bought from Ford in 2010 - are planning to merge and list in Hong Kong and possibly Stockholm.
Tencent raises $6b in largest Asian corporate debt deal this year
It was the first time Tencent raised 40-year debt in its history.
Chinese delivery firm Dada Nexus to kick off $500m US IPO this week
Shanghai-based Dada is backed by Chinese e-commerce firm JD.com and Walmart Inc.
Kingsoft Cloud raises $510m in first China IPO in US since virus outbreak
Existing shareholders Kingsoft Group, Xiaomi and Carmignac Gestion anchored the IPO.
GSK sells $3.35b stake in Unilever’s India business
The deal is understood to be the largest block trade ever to have been carried out in India.
Chinese tech firm NetEase eyes Hong Kong secondary listing
The company has appointed CICC, Credit Suisse and JPMorgan to lead the transaction.
Bottled water company Nongfu Spring plans $1b Hong Kong IPO
Nongfu is the leading bottled water producer in China and is a top three player in the bottled tea and juice market.
