Olam eyes M&A after $1.1b Mitsubishi investment

Olam eyes M&A after $1.1b Mitsubishi investment

Commodites trader Olam on the look out for battered commodity assets as it raises funds from strategic Mitsubishi stake sale.
HDFC takes home top honours at FinanceAsia's awards dinner at the Ritz Carlton in Hong Kong.
China's Dalian Wanda has acquired Florida-based World Triathlon, owner of the Ironman brand, as part of an aggressive overseas diversification push.
Bank of China (Hong Kong)'s sale of Nanyang Commercial Bank attracted only one bidder while Tesco's sale of Homeplus is still in the works.
China investigates country’s largest securities houses and detains high-ranking official at Citic Securities after market rout.
India Oil Corp’s $1.4 billion follow-on is the third largest Indian ECM transaction in 2015 YTD

POLLS

How will the renminbi devaluation most affect corporate finance activity over the next six months?





   |   View results
Less demand for equity and debt issues as investors flee to to other markets
  50%
 
Chinese companies seal fewer mergers and acquisitions as their purchasing power falls
  0%
 
Fewer Chinese companies issue US dollar debt as the renminbi remains weak
  23%
 
More Chinese companies turn to onshore bond markets
  14%
 
There won’t be much impact
  14%

 

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