Ooredoo has been gauging interest from potential investors including China Telecommunications about taking a stake in its Myanmar arm.
The company aims to raise about $350 million in a new fundraising round.
The business could be valued at between $2 billion and $3 billion.
IPOs & Markets
Listing closer to home has been a long-time dream of billionaire Jack Ma, a move that curries favor with Beijing and hedges against trade war risks.
Goldman sold a stake of about 4% in Beijing-based Taikang Life to Allianz.
The consortium is seeking to take China Biologic Products Holdings Inc. private.
Tang will join HSBC as managing director and head of its capital goods and autos coverage for Asia Pacific.
The firms are currently discussing potential financing options with investment banks.
CIC has been speaking with potential advisers as it reviews options including a sale of part or all of its 15% stake.
The world’s most valuable startup is still only at the very early stages of exploring a share sale abroad.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.