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Scott Murdoch

Market volatility puts pressure on prices in Australian M&A deals - sources

5:45am EDT

SYDNEY/HONG KONG At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has made it difficult for advisers and bidders to put price tags on deals.

Market volatility puts pressure on prices in Australian M&A deals - sources

5:04am EDT

SYDNEY/HONG KONG, March 16 At least three Australian takeovers potentially worth a combined $1.2 billion are facing lower prices and contract conditions, three sources said, as financial market turmoil sparked by the coronavirus has made it difficult for advisers and bidders to put price tags on deals.

JD.com hires banks for a Hong Kong listing as early as mid-year: sources

2:42am EDT

HONG KONG E-commerce firm JD.com Inc has hired Bank of America and UBS to work on a second listing in Hong Kong, joining a queue of U.S.-listed Chinese firms with plans to follow Alibaba Group Holding Ltd in trading closer to home, two people with direct knowledge told Reuters.

JD.com hires banks for a Hong Kong listing as early as mid-year - sources

2:34am EDT

HONG KONG Chinese e-commerce retailer JD.com Inc has hired Bank of America and UBS to work on a second listing in Hong Kong, the latest to join the queue of Chinese companies expected to follow Alibaba to trade closer to home, two people with direct knowledge told Reuters.

JD.com hires banks for a Hong Kong listing as early as mid-year - sources

12:34am EDT

HONG KONG, March 16 Chinese e-commerce retailer JD.com Inc has hired Bank of America and UBS to work on a second listing in Hong Kong, the latest to join the queue of Chinese companies expected to follow Alibaba to trade closer to home, two people with direct knowledge told Reuters.

RPT-How the longest bull run in history ended in pandemic panic

Mar 13 2020

SINGAPORE/HONG KONG, March 14 As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they had better head to work early in the morning.

How the longest bull run in history ended in pandemic panic

Mar 13 2020

SINGAPORE/HONG KONG As a collapse in the oil price unleashed chaos in financial markets, Madrid money manager Diego Parrilla phoned a colleague who agreed: they had better head to work early in the morning.

Coronavirus grounds dealmakers seeking to brave market turmoil

Mar 13 2020

Even as the market rout fueled by the coronavirus brings most corporate dealmaking to a halt, buyout firms are competing fiercely to acquire Air Liquide SA's disinfectant making unit Schuelke, as demand for hand sanitizers and medical cleaning supplies surges due to the fast-spreading disease.

Canada's Brookfield halts sale of Australian coal port due to coronavirus: sources

Mar 11 2020

SYDNEY Canada's Brookfield Asset Management has put the $2 billion sale or potential listing of its coal export terminal in Australia on hold due to travel restrictions amid the spread of coronavirus, two sources said.

Citigroup hires Loretta Ko to head financial institution group

Mar 11 2020

HONG KONG Citigroup has hired Loretta Ko to return to the investment bank and head its financial institutions group (FIG) for Hong Kong, the bank said on Wednesday.

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