Mexican pesos and U.S. dollar banknotes are seen in this picture illustration, November 3, 2016. REUTERS/Edgard Garrido

Investment banking in Asia no home run for Wall Street

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America, one; Europe, nil.

Warburg to eye bigger Asia logistics IPO in GLP Pursuit

Warburg Pincus, one of several bidders pursuing Global Logistic Properties Ltd., is weighing a merger of the Singapore warehouse owner with its own logistics business E-Shang Redwood Ltd. before a planned initial public offering, people with knowledge of the matter said. The U.S. buyout firm is bidding together with ESR,… Read more »


Time Inc. said to move closer to sale that could value it at more than $20 a share

Time Inc. is moving closer to a sale that could value the magazine publisher at more than $20 a share, according to people familiar with the process. A sale of the entire company is now more likely than not, and may be reached as soon as the end of next… Read more »


Emaar Malls said to bid for Dubai’s Souq.com to challenge Amazon

Emaar Malls PJSC, the shopping-center unit of Dubai’s biggest publicly traded property developer, made a bid for online retailer Souq.com, seeking to challenge an existing offer from Amazon.com Inc., according to people familiar with the matter. The unit of Emaar Properties PJSC offered about $800 million for Souq.com this week,… Read more »


Yahoo Japan invests $4.4m in Softbank-backed SB Drive

SB Drive functions by applying big-data and mapping technologies.


Saudi in ‘serious discussions’ with NYSE for Aramco IPO listing

“A decision will be made on the financial merits,” said Adel al-Jubeir.


Japan: KKR completes $1.3b acquisition of Hitachi Koki, $4.5b takeover of Calsonic Kansei

KKR has secured nearly $6 billion of Japan buyouts.


Italian govt-backed PE Simest backs Morrow Sodali’s buyout of Australia’s GPS

The acquisition opens the door to Sodali to SEA, another possible expansion market


Japan: Moneytree closes $8.9m round led by SBI Investment

The deal reflects growing interest in fintech among Japanese institutions.


Amazon to buy Dubai online retailer Souq.com

Souq.com raised $275 million from Tiger Global, others.