M&A News

On June 7, Qatar's monopoly telecoms provider, Qatar Telecom (Qtel), offered to buy a 40.8% stake in PT Indosat, Indonesia's second-largest phone company. Temasek is divesting its... 2008-06-13

Spanish Financial Group Banco Bilbao Vizcaya Argentaria (BBVA) said on May 3 that it will invest US$1.25bn in Chinese banking giant Citic Group, in another demonstration of the... 2008-06-05

Leading integrated Australian energy firm Origin Energy on Friday rejected a revised bid of AUD13.6bn (US$13bn) from the UK's BG Group, citing receipt of a coal-seam gas (CSG) reserve... 2008-06-04

Chinese steelmaker Sinosteel has said that they will not increase their AUD1.36bn (US$1.31bn) bid for Australian mining company Midwest, despite a rival takeover approach by Australia's... 2008-05-30

An unusual opportunity to purchase a Hong Kong bank has presented itself in the sale of the controlling stake in Wing Lung Bank. Chairman Michael Wu and his family are holding negotiations... 2008-05-28

UK bank HSBC hinted on May 26 that it is prepared to walk away from its US$6.2bn planned takeover of US private equity fund Lone Star's 51% stake in Korea Exchange Bank if the deal... 2008-05-27

Westpac banking Corp Ltd , currently engaged in the largest ever banking takeover in Australia's history with its US$17.6bn bid for St George Bank , has not ruled out the possibility... 2008-05-21

The battle for the Australian insurance market continues as QBE extends its bid for rival Insurance Australia. The bid faces opposition from the latter's board and QBE could thus... 2008-05-07

BG Group, a UK oil and gas exploration group, has bid AUD14.70 (US$13.84) per share for Australia's Origin Energy. The April 29 bid values Origin, Australia's second-largest electricity... 2008-05-02

Hong Kong's so-called superman, Li Ka-shing, has extended his reach to New Zealand via his company Cheung Kong Infrastructure Holdings (CKI). CKI bid NZD785mn (US$614mn) for Wellington's... 2008-05-02