Scott Murdoch
Stories by Scott Murdoch
Britain’s Rightmove rejects $7.3b takeover offer from REA Group
REA did not cite any reason for the offer's rejection by Rightmove.
China’s Midea Group launches $3.5b share offering in Hong Kong
The listing would be the biggest in HK since JD Logistics raised $3.16 billion in May 2021.
Japan’s Seven & i rejects $38.5b takeover offer from Couche-Tard
Seven & i said the proposal is likely to face antitrust challenges in the US.
Blackstone seeks $3.7b loan to fund AirTrunk acquisition: report
Blackstone partnered with CPP Investments to buy the data centre business for A$24b.
China’s Midea Group to launch at least $3b share offering in HK
It will be the city's largest deal in more than a year.
Blackstone, CPPIB to buy Aussie data centre group AirTrunk in $16b deal
AirTrunk is being acquired from Macquarie Asset Management and the Public Sector Pension Investment Board.
Potential Seven & i blockbuster deal marks new chapter for Japan M&As
Announced deals so far this year total some $15.3b, up from $3.9b in the same period for 2023.
FirstCry looks to raise up to $501m from India IPO at $2.9b valuation
SoftBank, TPG, M&M will sell a combined stake worth $302m.
Genex shareholders approve J-Power’s $258m buyout bid for Aussie firm
The offer represented a 48.5% premium to Genex's share price in early March before the J-Power bid.
Ping An Insurance to raise $3.5b in convertible bond deal
Ping An intends to use the money to fund growth in health care and the aged care sector.