2014.1
Zain Iraq ‘still months off from a market listing’
Mobile telecom firm Zain Iraq is still expected to list its shares on the Iraq Stock Exchange (ISX) later this year but is at least several months off from being able to do so, the bourse’s chief executive told Reuters on Tuesday.
Iraq plans state-funded bank to push projects
Iraq plans to establish a state-funded investment bank to help finance big infrastructure projects and steer money towards private sector companies which need it, a senior government official said on Monday.
NA Deals: Lenovo makes $2.3 bln purchase from IBM
Cleary Gottlieb, Cravath, Hogan Lovells advise on Lenovo’s agreement to acquire IBM’s low-end server business, Mayer Brown acts on first dim sum bond offering in Mongolia, five firms advise on Fantasia Holdings’ notes issue, and much more in this week’s North Asia deals spotlight.
Indonesia plans Pertamina acquisition of PGN
Indonesia plans for state energy company Pertamina to acquire state gas utility Perusahaan Gas Negara (PGN), a minister said on Thursday, as Southeast Asia’s largest economy moves to reduce supply bottlenecks.
KKR, BlackRock, funds ‘in talks to buy China Huarong stake’
KKR & Co and BlackRock Inc are among leading global investors in talks to buy a stake in China Huarong Asset Management Co Ltd as the bad debt manager seeks to raise more than $2 billion, people familiar with the matter told Reuters.
Lenovo buys IBM’s server business in China’s biggest IT acquisition
Lenovo Group Ltd, the world’s largest PC maker, agreed to buy IBM Corp’s low-end server business in a long-awaited deal valued at about $2.3 billion, the biggest ever tech acquisition by a Chinese company.
Singapore proposes new legal regulator
A high-level committee in Singapore has proposed a new regulatory framework for the legal profession in Singapore, including having a single body regulate both Singapore law firms and foreign law firms.
Singapore’s Colin Ng in Myanmar association
Singapore law firm Colin Ng & Partners (CNP) has entered into an association with a Myanmar law firm named Fame Myanmar Co Ltd, which will cooperate on a range of cross-border transactions.
Asia Appts: New Asia restructuring head for DLA Piper
Also, K&L Gates makes its fourth Asia partner hire this month, Slaughter and May appoints three new partners in Hong Kong, ex-KECO CEO joins Yoon & Yang, and much more in our weekly Asia appointments spotlight.
Asia Appts: New Asia restructuring head for DLA Piper
Also, K&L Gates makes its fourth Asia partner hire this month, Slaughter and May appoints three new partners in Hong Kong, ex-KECO CEO joins Yoon & Yang, and much more in our weekly Asia appointments spotlight.