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Samsung’s Lee summoned in S Korea bribery probe

  Bloomberg Special prosecutors called Samsung Electronics Co. Vice Chairman Jay Y. Lee for questioning as a suspect in a bribery investigation, deepening an influence-peddling scandal that has already led to the impeachment of South Korea’s president. The de facto head of the Samsung Group was summoned to appear at 9:30 a.m. in Seoul on Thursday, special prosecution spokesman Lee ...

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Singapore’s Garena to pick Goldman for $1bn IPO

    Bloomberg Garena, Southeast Asia’s most valuable startup, picked Goldman Sachs Group Inc. to lead a planned initial public offering that could fetch about $1 billion, according to people with knowledge of the matter. The Singapore-based online gaming portal and e-commerce provider plans to select additional banks as soon as this month, the people said. Garena is considering listing ...

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China’s CCT in talks to acquire Permira’s Asia broadcast satellite

  Bloomberg China Communication Technology is among final bidders for Asia Broadcast Satellite, the communications operator being sold by European private equity firm Permira, people familiar with the matter said. CCT, a Shenzhen-based provider of military communication equipment, is in the advanced stages of negotiations with Permira, the people said, asking not to be identified because the discussions are confidential. ...

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