2014.2
Monte Paschi foundation in talks with Qatar on stake sale
The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy a 15 to 20 percent stake in the troubled Italian lender ahead of its much-awaited rights issue, daily Il Messaggero said on Saturday.
Piramal, CPPIB form $500 mln realty financing fund
India’s Piramal Enterprises Ltd said it will join with Canada Pension Plan Investment Board (CPPIB) to set up a $500 million fund to finance residential property projects in India.
Hony ‘in talks to invest in Giant Interactive buyout’
Chinese buyout firm Hony Capital is in advanced talks to join Baring Private Equity Asia consortium’s $2.8 billion bid for online gaming company Giant Interactive Group Inc, two people with knowledge of the matter told Reuters.
Hubei plans province’s 1st carbon auction in March
China’s Hubei province will auction up to two million carbon permits at a government-set minimum price next month to kick-start the nation’s sixth pilot emissions trading scheme (ETS).
In talks with China to form infra fund: Mexico
Mexico and China are discussing creating a joint fund for investments in infrastructure projects in Latin America’s No.2 economy, Mexican deputy finance minister Fernando Aportela said on Tuesday during a visit to New York.
Danone to double stake in China Mengniu for $665 mln
France’s Danone SA will spend $665 million to lift its effective stake in China’s top dairy firm, China Mengniu Dairy Co Ltd as it seeks to boost its presence in one of its most important markets.
Jumei.com ‘hires banks for $600 mln U.S. IPO’
Chinese online cosmetics retailer Jumei.com has hired Credit Suisse and Goldman Sachs for an up to $600 million U.S. initial public offering, IFR reported on Thursday, citing a source familiar with the plans.
China firms head for U.S. IPOs despite accounting flaps
Chinese companies are flocking to the U.S. IPO market in their biggest numbers since 2010, drawn by soaring valuations for tech start-ups and undeterred by a flare-up in an accounting row between Washington and Beijing.
Equis Funds to invest $500 mln in Japanese solar projects
Alternative energy investment firm Equis Funds Group plans to raise $500 million over the next year to fund solar energy projects in Japan, where the use of renewable energy is expected to at least double over the next 15 years.
Rundong Auto to raise up to $300 mln in HK listing
China’s Rundong Automobile Group, backed by private equity firm KKR & Co LP, plans to raise up to $300 million through a Hong Kong listing in the first half of 2014, IFR said.