by Sebastian | Jun 28, 2023 | News
New World Development (NWD) (0017.HK) is set to bag as much as HK$21.78 billion ($2.78 billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it cut debt and pay a special dividend. BChow Tai Fook Enterprises...
by Sebastian | Jun 27, 2023 | News
U.S. investment giant Blackstone is reportedly weighing offers for half its stake in the real estate of the Bellagio casino and hotel in Las Vegas. According to the reports, the private equity firm is considering its options and has not yet committed to a sale....
by Sebastian | Jun 27, 2023 | News
Private equity firm Creador on Tuesday said it bought a 40 per cent stake in Malaysia’s Pet World International, months after Reuters reported the pet foods manufacturer was planning an initial public offering (IPO) in Singapore to raise up to $100 million....
by Sebastian | Jun 27, 2023 | News
India’s Aditya Birla Capital has proposed to issue equity shares worth up to 17.5 billion rupees ($213.5 million) through a qualified institutional placement (QIP), according to a term sheet seen by Reuters. The issue price for the placement is between 170...
by Sebastian | Jun 27, 2023 | News
An arm of Canadian investment giant Brookfield has made a cash and stock bid for American Equity Investment Life Holding Co. valuing the insurance firm at about $4.3 billion. Brookfield Reinsurance Ltd. is proposing to buy all the American Equity shares it doesn’t...
by Sebastian | Jun 27, 2023 | News
Postmates Inc.-backer Uncork Capital has raised two new funds totaling $400 million, doubling the size of its last funds. One of the $200 million funds will be for seed-stage investing and the other will be for making follow-on investments in those companies as they...
