In The News

Leading Hong Kong public utility The Hong Kong and China Gas Company (HKCG) has priced a US$1bn 10-year bond, becoming the first Asian private corporate issuer to offer an investment... 2008-08-06

Chinese shipbuilder Jiangsu Rongsheng Heavy Industries is aiming to raise up to US$2bn in an overseas public offering, in an attempt to find the funds to finance rapid expansion.... 2008-08-06

On July 28, Merrill Lynch announced that it sold US$11.1bn in collateralised debt obligations (CDOs) to private equity firm Lone Star Capital for US$6.7bn, in its latest effort to... 2008-08-01

Lesego Platinum, a South African platinum exploration company, has postponed its planned initial public offering on the Johannesburg Stock Exchange. The shares were scheduled to start... 2008-07-31

Turkey's largest mobile telecommunications company Türkcell has entered into a sale and purchase agreement to buy an 80% stake in Belorusskaya Telekommunikatsionnaya (BeST). With... 2008-07-30

Attijariwafa Bank has agreed to pay US$93mn for a 51% stake in Banque Internationale pour le Mali (BIM). The sale of BIM is Mali's largest privatisation deal to date and attracted... 2008-07-30

South Korea's top retail lender, Kookmin Bank, announced on July 29 that it will consider raising US$1.6bn in Europe through the issue of mortgage-asset backed bonds. If it goes ahead,... 2008-07-30

On July 21 the government of Serbia approved the privatisation of its national carrier Jat Airways. The airline was first put up for sale last year, but political instability and... 2008-07-24

In a deal that could blow the rest of 2008's pharmaceutical acquisitions out of the water, Swiss drugmaker Roche has offered to buy the remaining shares US biotechnology giant Genentech... 2008-07-24

Plans by Bangladesh's biggest mobile phone operator Grameenphone to launch the country's largest ever initial public offering (IPO) can be seen as a glowing endorsement for the strength... 2008-07-24