Search Results for:Arno Schuetze

Hong Kong, Canadian funds bid for German metering firm Ista

It is competing with CPPIB, which already owns a minority stake in Ista.

Rocket Internet-backed Delivery Hero aims to raise up to $1.1b via IPO

IPO could provide boost to Rocket Internet that holds a 35% stake in the firm.

Rocket Internet-backed startup Delivery Hero readies $507m IPO

IPO to value firm at 3.5-4 billion euros.

Israel’s Netafim draws interest from private equity, Chinese bidders

Potential bidders include China’s Fosun and Primavera Capital.

Rocket-backed food takeaway Delivery Hero on course for listing

It plans to announce its intention to list mid-June with an IPO four weeks later.

Deutsche Bank names Schenck, Sewing co-deputy CEOs

Germany’s top lender Deutsche Bank is promoting two of its senior managers to deputy chief executives, complementing strategic adjustments and an 8 billion euro ($8.50 billion)capital raise. Finance head Markus Schenck and retail head Christian Sewing will take on roles as co-deputy chief executives alongside bank chief John Cryan with… Read more »

Chinese bidders walk away from Osram takeover

Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese acquisitions in Germany, two people familiar with the matter said on Tuesday. Sanan Optoelectronics and venture capital firm GSR Go Scale Capital Advisors have stopped pursuing a bid for… Read more »

Deutsche Bank gets regulatory nod for sale of stake in China’s Hua Xia

Deutsche Bank has received regulatory approval for the sale of its 20 percent stake in Chinese peer Hua Xia to PICC Property and Casualty, it said on Thursday. Deutsche Bank had said in the past that it was selling the stake for 3.2 to 3.7 billion euros ($3.6-4.1 billion), depending… Read more »

Dutch waste management group Attero attracts Chinese suitors

Beijing Capital (600008.SS), which had lost out in the EEW auction, is among the groups preparing bids by a November 21 deadline, along with China Energy Conservation & Environmental Protection Group (CECEP).

Three firms vie for BP’s China petrochemicals JV in a deal valued at over $2b

SK Chemicals Co Ltd, a pharmaceutical unit of South Korea’s SK Group; Austrian plastics group Borealis , owned by Abu Dhabi’s sovereign wealth fund IPIC and oil and gas company OMV ; and privately-owned Switzerland-based chemicals company Ineos are set to bid for the asset.