Private equity is able to deploy more leverage for buyouts in Asia fueled by the region’s liquid loan market – boosting potential returns and risk.
Hong Kong-listed semiconductor company exploits chronic lack of supply to pay for acquisition of DEK from Dover.
Stronger market sentiment has encouraged new issuers such as China Aluminum International and New World Development to embark on roadshows.
Chinese baby formula milk continues to be a winner with investors.
Bardin Davis is promoted to head the resources and energy group for Asia-Pacific, replacing Peter O'Malley, who left the bank in 2011.
The Fed has decided to reduce its monthly asset purchases, potentially triggering outflows from Asia once again but the region is much better prepared to withstand the turmoil this time round.
Power Assets says the listing of its Hong Kong electricity business in the form of a trust is scheduled for January 29. The aim is to sell up to 70% to public investors, which implies a potential deal size of up to $5.7 billion.
The UK-listed group offers to raise its stake in GlaxoSmithKline Pharmaceuticals, its Indian drug unit, boosting its investment in the country.
The spin-off from Kerry Properties attracts massive demand and Cinda jumps more than 25% in its trading debut, confirming the current appetite for China exposure.
The China-based water treatment and clean energy company attracts strong demand for its top-up placement, while Korea’s Doosan Infracore sees a more muted response to its $400 million GDR sale.
The spin-off from Kerry Properties will be fully covered when it opens today after attracting a lot of interest from international investors. Meanwhile, bankers start investor education for China Everbright Bank.
HSBC has hired Sandeep Singh to develop the company’s client coverage in technology, media and telecoms.
Investment banks are positioning their teams of M&A advisers to capture opportunities from a potential upswing in dealmaking across the Asia-Pacific region next year.
Half of the $943 million block trade is taken up by Swiss Re, giving it a 9.4% stake in the company at a time when analysts say the Chinese life insurance sector is undergoing a positive re-rating.
Exxon Mobil raises $3.4 billion by selling out of two units to HK utilities group CLP and China Southern Power Grid.
Senior bankers speak out to support the lesbian, gay, bisexual and transgender community in Asia’s inaugural ‘Out on the Street’ summit.
Bevan has worked at the UK-based bank since 2000 and helped establish its equity capital markets franchise in the Middle East, while he also worked with M&A and ECM teams in London.
The UK bank appoints eight senior executives, joining peers in bulking up at a time of uncertainty.
The $1.8 billion transaction will complete a reverse takeover that was initiated more than a year ago. A $600 million placement is planned to fund future operations and maintain the free-float at 25%.
The milk producer attracts strong demand from both retail and institutional investors, setting a positive trend for other IPOs in the pipeline.