M&A
China to form brokerage with US$86 billion assets by merging firms
Beijing is trying to develop its domestic investment banks to allow them to compete with global heavyweights
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
The Singaporean bank has a presence in Indonesia with its Jakarta-listed subsidiary Bank OCBC NISP Tbk
United Airlines CEO pitches possible combination with rival American Airlines: sources
Any merger between the two would pose serious antitrust concerns and likely face backlash
M&A boom in Japan is fuelling record corporate bond sales
The nation’s companies face pressure from investors to deploy cash into growth investments
Hollywood stars unite to oppose Paramount-Warner deal
The combined company will control two legacy studios
CVC seeks partners to back 10.9 billion-euro Italian drugmaker Recordati deal: sources
The private equity firm has held initial discussions with investors including GIC about the possibility of teaming up
Billionaire Bill Ackman pitches 56 billion-euro Universal Music deal to boost shares
UMG shareholders who agree to the deal will get 9.4 billion euros in cash, plus 0.77 shares of the new company
Sunway’s IJM takeover bid lapses after falling short of acceptance threshold
Collapsed deal halts bid to create largest construction giant with market value nearing RM50 billion
Paramount in talks for Gulf backing in Warner takeover: WSJ
The Gulf backers will not have voting rights in the new Paramount-Warner entity
Singapore’s Q1 investment banking fees hit 3-year high of US$187.8 million
Citi emerges tops with a 12.7% wallet share
