Sources
China Resources Beverage to launch up to US$700 million IPO next week: sources
DRINKS maker China Resources Beverage is set to launch its Hong Kong initial public offering (IPO) next week, aiming to raise up to US$700 million, said two people with...
MMC Port weighs biggest Malaysia IPO in more than a decade, sources say
It runs seven ports along the Strait of Malacca, one of the world’s busiest shipping lanesMMC Port Holdings has been considering an initial public offering (IPO) in Kuala Lumpur...
GIC weighs sale of US$5 billion stake in India’s Greenko, sources say
Prospective investors include infrastructure-focused funds, sovereign wealth funds and other energy companiesGIC has been considering options for its 50 per cent stake in India’s Greenko Energy, including a possible...
Saudi Arabia’s PIF eyeing stake in sports streamer DAZN: sources
SAUDI Arabia’s Public Investment Fund (PIF) is among potential bidders exploring the purchase of a minority stake worth around US$1 billion in DAZN, the sports-streaming group backed by billionaire...
BP drops oil output reduction target in strategy reset: sources
BP HAS abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s energy transition strategy to regain investor confidence, three...
Germany to vote against EU tariffs on Chinese electric vehicles: sources
GERMANY on Friday (Oct 4) will vote against the introduction of European Union tariffs on Chinese electric vehicles, sources with knowledge of the matter said on Thursday.Germany abstained in...
Shein to hold roadshows soon ahead of London IPO: sources
SHEIN is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing...
ANZ, Gunawan family consider selling control of Indonesia’s Panin Bank: sources
AUSTRALIAN lender ANZ and Indonesia’s Gunawan family are considering selling a combined controlling interest in Jakarta-listed Bank Pan Indonesia (Panin Bank), in which they each hold substantial stakes, three...
