India: Aurobindo Pharma scouts for acquisitions in Europe


Aurobindo Pharma Ltd is scouting for acquisitions in Europe to gain a foothold in the market. “I would not comment on the specifics, but as we had mentioned in the past also, it is predominantly two large areas—one is in terms of market expansion and one is in terms of… Read more »

Aurobindo Pharma. Photo: Bloomberg
Wang Ren, CFO of China Minsheng Financial Holdings Ltd, attends an interview by Reuters in Hong Kong, China November 16, 2016.      REUTERS/Bobby Yip
China Minsheng Fin eyes financial sector buys in Europe

China Minsheng Financial Holding Corp is scouting for acquisitions of financial services companies including banks in Europe, betting on the bloc’s strengthening ties with the world’s second-largest economy, a top executive said. The investment arm of China’s largest private fund, China Minsheng Investment Group, however, sees Chinese acquisitions in the… Read more »

File photo of Malaysian ringgit notes among U.S. dollar bills in Singapore
A customer counts Chinese Yuan notes at a market in Beijing, August 12, 2015. REUTERS/Jason Lee
New recruit "Pepper" the robot, a humanoid robot designed to welcome and take care of visitors and patients, stands next to a mother and her new born baby at AZ Damiaan hospital in Ostend, Belgium June 16, 2016. REUTERS/Francois Lenoir
Co-founder and co-CEO of Eureeca, Sam Quawasmi
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Billionaire Guo Guangchang, Executive Director and Chairman of Fosun International, attends the annual general meeting of the Chinese conglomerate in Hong Kong, China May 28, 2015.      REUTERS/Bobby Yip
Fosun’s Guo pivots to emerging markets after Europe, US spree

Guo Guangchang, the Chinese billionaire and self-styled disciple of Warren Buffett, is looking to invest in emerging markets for the first time as his conglomerate backs off of its buying spree in developed nations. “There are fewer and fewer investment opportunities as the overall valuation becomes expensive, especially in Europe… Read more »

India: Deal boost for TTK Prestige, acquires Horwood Homewares

Kitchen appliances maker TTK Prestige Ltd announced on Tuesday it had acquired UK-based Horwood Homewares Ltd. The company hasn’t disclosed the deal consideration, but that didn’t stop investors from driving up the TTK Prestige stock by about 4% on Tuesday. Analysts maintain that the company has been looking for acquisitions… Read more »

Tata Steel. Photo: Mint