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The tightly priced transaction is well received and is expected to encourage other financial sponsors to take profits as the Indian stock market recovers.
By Anette Jönsson | 2 February 2012
The widely expected deal comes a couple of weeks after Carlyle's latest lockup expires and marks its third sell-down in China Pacific Insurance in seven months.
By Anette Jönsson | 28 July 2011
ZTE raises $338 million and TCC International pockets $109 million, while the controlling shareholder in Bawang reduces its stake to make another $132 million worth of shares ...
By Anette Jönsson | 15 January 2010
The undisclosed institutional seller pockets $369 million before expenses following a steep share price rally over the past two months.
By Anette Jönsson | 16 May 2008
Citi replaces Deutsche Bank as bookrunner on the $80 million transaction and is able to significantly tighten the discount.
By Anette Jönsson | 10 September 2007
Improving economics in the Philippines helped to boost demand for the $214 million transaction, but the price was held back by events in Thailand.
By Anette Jönsson | 20 September 2006
Entire $193 million stake bought by Standard Chartered consortium, boosting its holdings to 89%.
By Anette Jönsson | 7 September 2006
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Magazine
FinanceAsia Magazine
FinanceAsia
December 2011/January 2012