2013.9
SE Asia Deals: Jacobs Eng. acquires Sinclair Knight Merz
Two firms star in Toshiba Corp’s acquisition of Vijai Electricals’ T&D business, Northstar Group’s acquisition of Hersing Cop’s real estate agency business, and PT Indofood Sukses Makmur’s mandatory cash offer for China Minzhong Food Corp in this week’s Southeast Asia deals spotlight.
U.S. to get coveted Alibaba IPO after HK talks founder
Chinese e-commerce giant Alibaba Group Holding Ltd will pursue an IPO in the United States after talks with Hong Kong regulators broke down, a move bound to set off a dogfight between the two main U.S. stock exchanges for the offering.
Lixil ‘to buy Grohe for about $4 bln’
Japanese bathroom equipment maker Lixil Group Corp has reached an agreement with the private equity owners of Grohe to buy the European company for about 400 billion yen ($4.05 billion), the Nikkei newspaper reported.
VietJet agrees bumper $8.6 bln Airbus order, plans IPO
Ambitious low-cost airline VietJet has agreed to buy up to 92 Airbus jets worth about $8.6 billion between 2014 and 2022 in a move to beef up its presence in a fast-growing regional market.