[HONG KONG] China bottled water giant Nongfu Spring is seeking to raise as much as HK$8.35 billion (S$1.48 billion) in what could be the world's second biggest initial public offering (IPO) by a...

[LONDON] The Covid-19 pandemic has forced sovereign wealth funds to think the previously unthinkable.

AUSTRALIA'S Ampol said on Monday that it will sell a 49 per cent stake in a property trust that owns convenience stores to Singapore sovereign wealth fund GIC and Charter Hall Group for A$682...

[BENGALURU] Australia's Ampol Ltd said on Monday it would sell a 49 per cent stake in a property trust that owns convenience stores to Singaporean sovereign wealth fund GIC and Charter Hall Group...

[DUBAI] Abu Dhabi is considering bringing local investors into its natural-gas pipeline network, according to people familiar with the matter, just months after raising cash from foreign funds....

[NEW YORK] The Blackstone Group's acquisition of human genealogy provider Ancestry.com is expected to be backed with up to US$2.5 billion of new debt financing, according to two sources familiar...

[NEW YORK] Blackstone Group said on Wednesday it agreed to acquire genealogy provider Ancestry.com from private equity rivals for US$4.7 billion, including debt, placing a big bet on family-tree...

YANLORD (China) Investment Group, a unit of property developer Yanlord, has inked an investment agreement of up to seven billion yuan (S$1.4 billion) with an affiliate of Singapore’s sovereign...

[KOLKATA] BlackRock and Singapore's sovereign wealth fund GIC bought shares in Bandhan Bank as the main shareholder of India's most profitable bank sold 106 billion rupees (S$1.94 billion) of its...

[BEIJING] China Three Gorges is exploring selling a stake worth as much as US$4 billion in the state-owned power company's overseas asset portfolio, according to people familiar with the matter....