2014.3
Temasek’s pivot to private investment heralds bln-$ listed asset sales
Singapore’s Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.
Temasek’s pivot to private investment heralds billion-$ listed asset sales
Singapore’s Temasek Holdings is shedding the skin of a sprawling sovereign investment house, cutting stakes in big publicly listed companies as it puts more money into growing private companies and private equity firms in search of better returns.
Tencent to buy 15 pct stake in JD.com
Tencent Holdings Ltd will buy a 15 percent stake in e-commerce firm JD.com for $214.7 million, as the two seek to challenge Alibaba Group Holding’s dominant position in online shopping in China.
Unilever buys majority stake in Qinyuan
Unilever PLC has bought a majority stake in water purification company Qinyuan, its biggest Chinese acquisition in ten years, the consumer goods company said on Sunday without disclosing what it paid.
Asia Appts: Rajah & Tann nabs 14 from H&W
Also, Reed Smith and Bracewell & Giuliani bolster their ME teams, Norton Rose Fulbright moves its real estate disputes head from London to Dubai, and much more in our weekly Asia appointments spotlight.
Tay gets IP partner from Shook Lin
Tay & Partners has hired Lim Bee Yi as an IP partner in Kuala Lumpur from Shook Lin & Bok.
Shook Lin IP partner moves to Tay
Tay & Partners has hired Lim Bee Yi as an IP partner in Kuala Lumpur from Shook Lin & Bok.
14 Hunton lawyers join Rajah & Tann
Rajah & Tann has taken another major step in expanding its already burgeoning Southeast Asia footprint by luring away a team of 14 lawyers, including three partners, from Hunton & Williams in Bangkok.
CAPM plans 1st IPO on DGCX in 5 years
CAPM Investment, an investment banking and asset management firm in the United Emirates, said it planned to arrange for a company to conduct the first initial public offer of shares on Dubai’s main stock market in five years.
Arabtec agrees on $40 bln housing project with Egypt army
Arabtec Holding, Dubai’s largest listed construction firm, has agreed with the Egyptian army to build one million houses in a project worth 280 billion Egyptian pounds ($40.23 billion), it said in a statement on Sunday.