M&A

Read on to find out the winners of FAAA's House Awards - Asia Pacific.

Read on to find out the winners of FAAA's Deal and House Awards - Middle East.

Ruminant Biotech, a New Zealand-based tech business looking to reduce methane emissions from pasture-based livestock, has raised around $9.5m in a Series A fundraising.

Australian miner BHP Group has said that it is no longer considering a combination of the two mining giants and will instead focus on organic growth. Anglo American is in the process of a merger of equals with Teck Resources.

Mutares is expected to acquire a majority stake in two manufacturing sites in China from Hwaseung; the signing of the deal is expected in Q4.

The Hong Kong airline will pay $896m for the stake which was first bought by Qatar Airways in November 2017; the SAR is seeing a tourism bounce back.

Starbucks is selling a majority stake in its China business to Boyu Capital in a deal valuing the market at around $4 billion

Blackstone has bought 9.9% of India’s Federal Bank and a stake in India’s Ace Insurance Brokers.

Prudential Financial is selling its 13% stake in the Hong Kong-headquartered reinsurer, which is majority owned by Chinese conglomerate Fosun.