Tag: stanley

The company is banking on a strong brandname and its transformation into a nationwide player as a way to draw investors into the deal. The management buyout, which has been accepted by shareholders owning 96% of the company, values Sihuan Pharmaceutical at $318 million – although only $74.4 million of new ... The US investment bank's private equity arm trims its pre-IPO stake in the Chinese cement producer for the second time in under three months. The $129 million deal is close to three times covered and priced near the top, offering further evidence that investor confidence is improving. The American flash memory supplier rejects "inadequate" proposal made by the Korean conglomerate. Following Richard Stanley’s departure for DBS earlier this year, Citi fills the high-profile position with a veteran of the bank. MSIM’s involvement means Abax may debut with up to $1 billion of assets. Morgan Stanley pays $425 million for its India institutional equities sales, trading and research platform and will build investment banking, capital markets and wealth ... The ongoing influx of service providers is a response to the volume of hedge funds opening and migrating to the Lion City. Shimao Property attracts strong demand despite a flurry of Chinese real estate bond offerings in recent months. Carl Davey will be responsible for sales, capital introductions and marketing in Morgan Stanley’s new prime brokerage beachhead in Sydney. The $290 million investment adds Hang Seng Bank’s Central headquarters to Morgan Stanley’s Hong Kong property portfolio. Ashutosh Sinha teams up with his younger brother to launch an Asia long/short hedge fund. Retail fremzy sees offer heavily oversubscribed despite 10% cap on institutional orders. Morgan Stanley hires Kai Yang from Citigroup. Tungsten producer sees no lack of demand despite less familiar industry and shortened marketing period. The firm snags Jing Zhao in a game of musical chairs with Morgan Stanley. Building materials producer sees full clawback after heavy retail demand. Top end of price range increased by 5.7%. Seeks to cement its position as a diversified industry leader through aggressive expansion.