Nestle may fetch $8 billion to $10 billion for the assets and the company would prefer to sell the unit as a whole.
The company is willing to sell as much as 80 percent of the Chinese business while retaining a significant minority if an attractive offer is made.
Intermediate Capital Group is buying a majority of the bank’s private-equity assets in a transaction valued at about 790 million pounds ($997 millio
The buyout firm has raised $433 million for its initial fund as it seeks to build investment links with countries along the old Silk Road to Europe.
IPOs & Markets
Last month, the company announced a partnership with Bharat Sanchar Nigam Ltd to offer “triple play” services.
The company is exploring options such as selling a minority stake or finding a strategic partner for the business.
TCL has been working with an adviser to explore making an offer for the 25% stake in HK-listed ASM Pacific Technology Ltd.
Malaysia's YTL Corp. and PT Semen Indonesia are among suitors weighing bids.
After an unprecedented five years of bumper activity, dealmakers are starting to sound a note of caution.
China’s biggest renewable-energy developer already is the largest shareholder of EDP with a 23 percent stake and now is seeking more than 50 percent
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