Recent Posts

Singapore plans slew of incentives to lure Aramco IPO

  Bloomberg Singapore is considering a range of measures to lure a listing from energy giant Saudi Arabian Oil Co., according to people familiar with the matter, as global exchanges compete for a slice of what could be the world’s largest-ever initial public offering. The island nation is studying proposals including inviting one of its state investment companies to become ...

Read More »

China dealmaker gets GLP backing in buyout bid

  Bloomberg Chinese dealmaker Fang Fenglei won backing from Global Logistic Properties Ltd.’s chief executive officer as he pursues a take- over of the $9.1 billion warehouse owner, which could become the biggest Asian buyout deal, people with knowledge of the matter said. Fang’s Beijing-based private equity firm, Hopu Investment Management, submitted an offer for the Singapore company together with ...

Read More »

Australia orders sale of illegal foreign property purchases

  Bloomberg Australia has ordered the sale of 15 properties illegally acquired by overseas buyers as part of the government’s crackdown on breaches of its foreign investment laws. The properties are located in Victoria and Queensland and have a combined purchase price of more than A$14 million ($11 million), Treasurer Scott Morrison said in a statement on Monday. They range ...

Read More »
Send this to a friend