Sources
UBS in talks to form Indian minority-owned wealth joint venture, sources say
This may be the second country in the Asia-Pacific region where UBS enters an equity partnership with a local playerUBS has been in talks to form an Indian wealth...
Medco Energi in talks to buy controlling stake in Senoko: sources
Medco Energi Internasional is in exclusive talks to buy a controlling stake in Senoko Energy, according to people with knowledge of the matter, in a deal that could value...
RBC bankers fear layoffs as pledge to keep HSBC staff nears end: sources
SOME Royal Bank of Canada (RBC) employees who joined when the bank acquired HSBC Canada worry they could lose their jobs when RBC’s six-month guarantee to keep them expires...
KKR, GIC hire banks to sell stakes in US$3.2 billion Metro Pacific Health, sources say
The two hold an 80% stake in the private hospital group, and Metro Pacific Investments owns the restGLOBAL investment company KKR and Singaporean sovereign wealth fund GIC have appointed...
US FTC set to greenlight Chevron’s US$53 billion buy of oil rival Hess: sources
THE US Federal Trade Commission (FTC) is expected to greenlight US oil producer Chevron’s purchase of Hess as soon as this week, two sources familiar with the matter said,...
China Resources Beverage aims to launch up to US$1 billion Hong Kong IPO in October: sources
DRINKS maker China Resources Beverage is aiming to launch its Hong Kong initial public offering to raise up to US$1 billion in October, according to two sources with direct...
US to propose ban on Chinese software, hardware in connected vehicles: sources
THE US Commerce Department is expected on Monday (Sep 23) to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security...
Lazada-backed TNG Digital eyes Malaysian IPO over next two to three years: sources
MALAYSIA’S largest fintech company TNG Digital is looking at a potential domestic initial public offering (IPO) over the next two to three years that could raise over US$300 million,...
