Etihad’s bid to invest in Jet Airways is expected to be completed in the next few months. India's Jet Airways is expecting investments from Etihad Airways of Abu Dhabi, which will be completed in the next few months.
Asia/Pacific
SEBI to work closely with PEs in addressing concerns
The SEBI will work closely with the PE and venture capital industry in addressing concerns. The Securities and Exchange Board of India (SEBI) planned to work closely with the private equity and venture capital firms in addressing concerns of the industry.
Aviva watches out for red flags as US$112 billion worth of bonds matures
Aviva Plc watched out for default red flags as US$112 billion of all the kinds of bonds matures during China's crackdown.
China's richest man plans IPO of mall business
China's richest man planned to offer an IPO of mall business. China's richest man, Zong Qinghou, planned an initial public offering for his mall business.
Snail Game plans to list in Hong Kong
Suzhou Snail Digital Technology Co. stated that it is opting for an IPO in Hong Kong. Suzhou Snail Digital Technology Co. , also known as Snail Game, revealed that it is considering a market debut in Hong Kong, two sources with knowledge of the deal said.
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Baidu Inc shells out US $1.9 billion to acquire 91 Wireless, an app store firm. China's largest search engine company paid US $1. 9 billion to purchase an app store firm, 91 Wireless, from Hong Kong-listed NetDragon Websoft Inc.
The Renault-Nissan alliance will be investing US $2.5 million in India within the next four years. Car makers Renault and Nissan Motor Co. will be jointly investing the amount of US $2.
Bally Technologies Inc would purchase SHFL Entertainment Inc. for US$1.3 billion in its hope to expand in Asia and Australia.
SPH REIT raised US$400 million in an IPO. Singapore Press Holdings Ltd. (SPH) raised SGD$504 million (US$400 million) in an initial public offering, said two sources familiar with the transaction.
GlaxoSmithKline Plc's 20% increase in sales was currently in focus due to Public Security Ministry's accusations on bribery and sexual favors.
Prudential Plc agreed to sell its PCA Life Japan unit to SBI Holdings Inc. for US$85 million. UK's largest insurer by market value, Prudential Plc, decided to sell its life insurance firm in Japan.
The China-based holdings company intends a Hong Kong IPO once the deal with the US pork producer is completed.
Zecotek Photonics Inc.'s subsidiary, Zecotek Imaging Systems Pte. Ltd., signed a joint collaboration partnership agreement with Japan's Hamamatsu Photonics.
The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio. The Royal Bank of Scotland PLC announced that they are seeking a buyer for a unit that manages and maintains 11 schools in the Victoria state of Australia.
