Amid the COVID-19 pandemic, the Chinese outbound M&A recorded a steady growth of $59.6bn via 946 deals in Q1 2020. This is not at an average score compared to several deals and the total investment figures. Some of the M&A activities in past three weeks show the consistency at which Chinese companies made headways in Australia, the United States, Japan, Germany, South Korea, Russia, Holland, including some usual suspects around such as Singapore, Hong Kong, Malaysia, and others from South East Asia, to name a few. … [Read more...] about China’s M&A diplomacy: Endgame or endless game?
Utc hostile takeover
Binding offers for the airline are due on June 12. The company entered voluntary administration last month owing creditors nearly A$7 billion ($4.5 billion), making it the biggest Asia-Pacific casualty of the coronavirus crisis hitting the global aviation industry. … [Read more...] about BGH, Bain, Indigo Partners, Cyrus Capital make Virgin Australia shortlist: Source
Nippon Life, a Fortune 100 company, is Japan’s largest asset manager. Japanese insurers have been among the most aggressive in overseas acquisitions. With 74 trillion yen ($678.34 billion) in assets, Nippon has ramped up on overseas acquisitions and strategic investments in a bid to diversify their geographic and business footprint. … [Read more...] about What Reliance Capital earns if Nippon picks up its 42.88% stake in AMC JV
In 1994, they released a joint album titled Guns Out where they went back and forth over the course of 12 tracks. This was supposed to be them settling their differences, but it was really just another chapter in their long-standing frenemy relationship, with ebbs and flows. … [Read more...] about The fan’s guide to Beenie Man and Bounty Killer’s epic dancehall rivalry
Three days after Prime Minister Alexis Tsipras told his parliament the latest proposal from the EU and IMF was "absurd", the Greek government said it was ready to negotiate a settlement acceptable to both sides by the end of this month - when Greece's bailout programme expires and it faces the prospect of default on its debts. … [Read more...] about Greece talks of compromise as Merkel warns time is short