avic

ARA founder John Lim leads consortium in S$1.8b buyout

ARA Asset Management Ltd group founder and chief executive officer John Lim is leading a consortium including Cheung Kong Property and Straits Trading Company in a takeover offer at S$1.78 per share, ...

Technology

China's Avic, Citic, others inject US$850m to fund Tencent's Supercell purchase

[HONG KONG] Tencent Holdings Ltd said a consortium formed to buy game developer Supercell has raised US$850 million by selling new shares to investors including Chinese state-owned investment firms Av...

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