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Lenders line up more than 10 billion euros for Sanofi health unit buyout
BANKS and other lenders are lining up more than 10 billion euros (S$14.3 billion) of debt to back a buyout of Sanofi’s consumer health division, as one of the...
Credit Agricole in talks to invest in Guangzhou Auto unit
The transaction will give the leasing business a valuation of about US$600 million after completionCREDIT Agricole is in advanced talks to invest in Guangzhou Automobile’s (GAC) financial leasing unit,...
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
BNP Paribas to buy German private banking unit from HSBC
HSBC has been exploring the sale of various businesses in Europe’s largest economyBNP Paribas has signed an agreement with HSBC Holdings to buy the UK-based lender’s private banking operations...
Pertamina’s shipping unit to double tanker fleet in next 10 years
THE shipping unit of Indonesia’s state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit’s chief executive officer Yoki Firnandi...
India IPO frenzy continues as state power firm’s unit plans 100 billion rupees listing
THE renewable-energy arm of India’s state-run power producer NTPC is seeking to raise as much as 100 billion rupees (S$1.5 billion) in its initial public offering, underscoring how the...
Oiltek unit bags RM19.5 million in new contracts
OILTEK International has won new contracts worth RM19.5 million (S$5.9 million) from Africa, Central America and Malaysia, through its subsidiary in Selangor.This will take the group’s current order book,...
Disney’s India unit seeks US$940 million in damages from Zee Entertainment
The dispute centres around the company’s failure to meet payment deadlines, agreed as part of a US$1.4 billion licensing dealWALT Disney’s Indian unit has sought US$940 million in damages...
