GLP raises $334m in follow-on

GLP raises $334m in follow-on

Demand for GLP J-Reit, which has a portfolio of 30 logistics facilities in Tokyo and Osaka, allowed the issuer to price units at a 2% discount to August 18's closing price.
Wong, who had mainly been involved in China and Taiwanese M&A deals, left the bank on Friday.
China's SOE reorganisation promises multi-billion-dollar deal opportunities amid a global resurgence in jumbo M&A deals, says Bank of America Merrill Lynch's Asia Pacific M&A head
Shanghai Baosteel Gases and Warburg Pincus are buying Chinese industrial gas assets for $488m in a partnership designed to seek investment opportunities as China reforms SOEs.
The Hong Kong stock market is getting closer to seeing its first dual-currency listing but challenges remain.
Investors are demanding higher compensation due to the potential rise in Asian corporate defaults, mounting geopolitical risks and a China slowdown.


What has been the most notable impact of Xi Jinping’s clampdown on corruption?

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It is positive for business because of more transparent decision-making
It is bad for business because it has frightened corporate leaders, with many decision-makers caught up in the crackdown
It has created a fairer and more equal society
It has solidified Xi's power base


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