Chinese auto manufacturer BAIC Motor plans to raise around $2 billion in an initial public offering (IPO) in Hong Kong in 2014's second quarter, according to sources cited by Thomson Reuters publication IFR.
Archives
Venture capital copes with changing landscape- report
A lot of changes are taking place in the venture capital landscape and venture capital funds need to adapt or risk not thriving in the new landscape, The Economist reported.
KKR invests $100M in Dublin helicopter leasing business
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
China-focused Boyu Capital to close $1.5B for second buyout fund -sources
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
Sysco Corp-US Foods deal draws US regulators' scrutiny
Sysco Corp's $3.5 billion acquisition agreement with US Foods has drawn the interest of US regulators over concerns that the deal could weaken competition in the industry, Bloomberg reported.
Latest News
BlackRock Inc said Asian institutions have sparked a renewed interest in real estate investments in the region as they search for higher returns at a time of low interest rates, Bloomberg reported.
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
The board of Texas, US-based games and restaurant chain Chuck E. Cheese's approved its acquisition by an affiliate of investor Apollo Global Management in a $950-million leveraged buyout deal.
Tyco International Ltd has shortlisted the list of private equity firms interested in acquiring the industrial conglomerate's South Korean unit, according to sources interviewed by The Wall Street Journal.
Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.
Ingenious Media Holdings Plc has planned a £160 million or $262 million initial public offering for Ingenious Clean Energy Income Plc, its unit that invests in clean energy, Bloomberg reported.
A report on UK-based news firm The Guardian cited Sagan Ltd marketing director David Kay saying porn could help the online currency Bitcoin succeed because of its private and quick transaction methods.
UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
