Vinicy Chan
Stories by Vinicy Chan
China’s Wanda Sports considering $1b sale of Ironman Triathlon
Wanda is working with an adviser and has held discussions with some PE buyers.
Singapore Press picks banks for student housing REIT IPO
SPH is set to join United Hampshire U.S. REIT and the Far East Consortium International in seeking SGX listings.
Malaysian health supplement maker DXN invites pitches for $300m IPO
DXN, backed by KV Asia Capital, could sell shares as soon as the end of this year.
CVC-backed Softex mulls delaying Indonesia IPO on virus concerns
It could delay the planned IPO to the middle of the year or even to the second half.
China’s HNA sells Pactera to state-owned CEC for $750m
HNA has been offloading assets from hotels to a container unit to pay down debt.
HK supermarket chain City’super owner explores majority stake sale
City Super Group, founded in 1996, has 21 stores in Hong Kong, seven in Shanghai and seven in Taiwan.
Thai tycoons-led CP Group, Central said to vie for Tesco’s $7b Asia business
TCC Group, controlled by Thai billionaire Charoen Sirivadhanabhakdi, has also expressed interest.
Chinese diaper manufacturer Coco considers sale
Coco Healthcare Products Co., a Chinese diaper manufacturer, is exploring a sale that could fetch about $200 million.
China’s State Grid to buy 49% stake in Oman Electricity Transmission
The nation’s Nama Holding retain a controlling stake in Oman Electricity after the transaction.
Vivo Capital considers sale of medical products maker Surgical Specialties
The healthcare-focused investment firm has reached out to several prospective suitors to gauge interest.