Deals
Daimler-backed BAIC Motor plans $2B Hong Kong IPO in 2014 -IFR
Chinese auto manufacturer BAIC Motor plans to raise around $2 billion in an initial public offering (IPO) in Hong Kong in 2014's second quarter, according to sources cited by Thomson Reuters publication IFR.
BlackRock Inc says appetite of Asian institutions for local real estate bets is back
BlackRock Inc said Asian institutions have sparked a renewed interest in real estate investments in the region as they search for higher returns at a time of low interest rates, Bloomberg reported.
America Movil hikes stake in Telekom Austria to 26.8pct
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
Private equity-backed RSP Permian Inc raise $390M in IPO
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.