Evercore poaches Axel Granger from BOA Merrill Lynch:Report

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Axel Granger, previously head of mergers and acquisitions (M&A) for Southeast Asia at Bank of America Merrill Lynch, has joined the Singapore office of Evercore, an independent investment banking advisory firm, a report in FinanceAsia said. Granger will be reporting to Keith Magnus, the CEO of the Evercore Singapore, which launched in 2013 and is focused… Read more »

Blackstone scouting for investments in India’s cement and financial services firms

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Private equity (PE) firm Blackstone Group Lp is scouting for investments in India’s cement and financial services firms, especially non-banking finance companies (NBFCs) and housing finance firms, said two people familiar with the development. “The fund is keen to acquire a consumer lending business as they expect it to grow… Read more »

Indonesia Dealbook: Tower Bersama to buyback $115m shares: Lippo Karawaci raises $425m via bonds

Posted by & filed under Deals & Investment

PT Tower Bersama Infrastructure Tbk (TBIG) has announced plans to buyback 236 million shares or equivalent to 5.53 per cent of the company’s paid-up capital, while PT Lippo Karawaci Tbk (LPKR) has raised $425 million through global bonds that will mature in 2026. Tower Bersama Tower company Tower Bersama said… Read more »

Berndt to head ANZ global transaction banking

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ANZ, the leading trade and supply chain bank in Australia and New Zealand, today announced to appoint Carole Berndt to be managing director of Global Transaction Banking reporting to CEO International and Institutional Banking Andrew Géczy. Berndt is currently the Global Head of Transaction Services at Royal Bank of Scotland… Read more »