By Sumeet Chatterjee
In 2016, many foreign banks had cut down investment banking headcount in Asia.
Proutt will take the new role in August this year
Bain & Company found that APAC healthcare saw $36.4b in aggregate deal value, with valuations for healthcare assets in the region expected to increase in 2017.
Private equity-owned ING Life Insurance Korea is banking on its hefty dividend payouts to draw investors to its planned initial public offering (IPO) that could raise as much as $1.2 billion in one of South Korea’s bigger public floats. The nation’s fifth-largest life insurer by assets, wholly owned by Asia-based… Read more »
Daimler CEO said he sees potential for expanding production in China.
The other bidders are South Korea’s SK Hynix Inc and US chipmaker Western Digital Corp
Australian lottery operator Tatts Group Ltd on Wednesday said it had received a A$6.15 billion ($4.65 billion) cash takeover proposal from a consortium backed by U.S. private equity firm KKR & Co, threatening an agreed merger with Tabcorp Holdings Ltd. The bid values Tatts at A$4.21 a share, the takeover… Read more »
Maritz, 62, will advise Warburg Pincus on software investments with a focus on cloud computing and machine learning.
South Korea’s Netmarble Games Corp said on Tuesday it expects to have a war chest of some $4.4 billion for acquisitions after an imminent IPO, and plans to roll out its new blockbuster game to Japan and China this year. While little known in the West, Netmarble has scored big… Read more »
Daewoo won approval from over 96 percent of bondholders.