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Warburg vying with Asian lenders for Indonesia’s BFI

Bloomberg PE firms including Warburg Pincus are vying with suitors across Asia for control of a TPG-backed Indonesian consumer finance company, people with knowledge of the matter said. Taiwan’s Cathay Financial Holding Co. and South Korea’s Shinhan Financial Group Co. are among first-round bidders for a stake in PT BFI Finance Indonesia, said the people, who asked not to be ...

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CVS borrows $40 billion for Aetna in 3rd-largest bond sale

Bloomberg CVS Health Corp. completed the third-largest corporate bond sale on record to fund its acquisition of Aetna Inc., testing the appetite of a market that’s off to its worst annual start in decades. The pharmacy giant issued $40 billion of investment-grade debt in a nine-part offering, people with knowledge of the matter said. That’s surpassed only by Verizon Communication ...

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EU signals ‘concern’ over Trump tariffs

Bloomberg The European Union voiced mounting concern over US President Donald Trump’s plan to impose punitive import tariffs, as Germany signalled alarm over the resignation of pro-trade Trump adviser Gary Cohn in an emerging trans-Atlantic dispute over protectionism. “We hope that eventually this initiative from the US side will not be followed through,” European Commission Vice President Valdis Dombrovskis said ...

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