HONG KONG - China Everbright Bank Co Ltd will be the third mainland lender in three months to raise funds in Hong Kong by launching an up to $2.8 billion share sale on Tuesday.
HONG KONG - Carlyle Group LP , hedge fund firm Farallon Investors and China Cinda have agreed to buy $45 million worth of shares in Fu Shou Yuan International Group Ltd as China's largest provider of death-care services seeks up to $215 million in a Hong Kong IPO.
HONG KONG/BEIJING - Alibaba Group will invest HK$2.82 billion ($361 million) in appliance maker Haier Electronics Group Ltd in a deal aimed at expanding the Chinese e-commerce giant's logistics reach to the millions of consumers in China's vast interior.
HONG KONG - KKR & Co LP and Bain Capital are among suitors which have placed initial bids for Tyco International Inc's South Korean security systems unit, a business valued at about $1.6 billion, people familiar with the matter said.
Sun, Dec 8 2013
HONG KONG/SYDNEY - Bankers in Australia have much to cheer this Christmas as fees from underwriting IPOs surge 10-fold this year, and many are now betting on an equally active year in 2014 as a slew of private equity exits keep the market busy.
WASHINGTON - A U.S. Supreme Court justice on Saturday night denied a last-ditch effort by a group of consumers and travel agents to stop the merger of American Airlines and US Airways.
Fri, Dec 6 2013
NEW YORK - A federal judge on Friday rejected a last-ditch effort by consumers and travel agents to stop American Airlines and US Airways from merging next week, a move they fear would drive prices up and service down and make planes more crowded.
NEW YORK - Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.
- Air Canada appears close to deciding whether to buy up to 60 new narrowbody jets from Airbus or Boeing Co , a decision that could settle which of the giant plane makers wins their annual order race, industry sources said.
NEW YORK - Carlyle Group LP is preparing an initial public offering or a sale of PQ Corp that could value the specialty chemical company at up to $3 billion, including debt, people familiar with the matter said on Friday.
These days Washington is not known for bipartisanship, but every now and then a breakthrough is made. It is noteworthy that Vice President Joe Biden, a Democrat, and Senator John McCain, a Republican, are appearing together at a forum in Sedona, Arizona on Friday.