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Thyssenkrupp, Tata offer selling ‘assets’

Bloomberg Thyssenkrupp AG and Tata Steel Ltd have offered to sell assets in Belgium, Spain and the UK to win antitrust approval for a European steel joint venture, according to a person familiar with the matter. The two companies proposed divesting two automotive steel plants in Spain and Belgium to meet demands by European regulators, said the person, who asked ...

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Goldman-backed Chinese online pet store plans IPO

Bloomberg Boqii Co, a Chinese online pet shop backed by Goldman Sachs Group Inc, is planning an initial public offering that could raise at least $100 million, according to people with knowledge of the matter. The sale could happen this year, the people said, asking not to be identified. The Shanghai-based e-commerce startup is considering selling shares in Hong Kong ...

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Tencent plans Asia’s biggest dollar bond in 2019

Bloomberg Tencent Holdings Ltd is planning to raise around $5 billion through a dollar bond sale on Wednesday, according to people familiar with the matter. China’s social media leader received an issuance quota of $6 billion from China’s National Development and Reform Commission, people who aren’t authorised to speak publicly and asked not to be identified said. Once priced this ...

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