Noor Zainab Hussain

Indonesia’s Medco Energi could offer $436m for Britain’s Ophir

Analysts have said a deal with Ophir would boost Medco’s valuations and help it gain access to international assets.

Euronext seeks to buy Oslo stock exchange owner for $711m

Euronext operates bourses in Paris, Amsterdam, Brussels, London, Lisbon and Dublin.

Unilever agrees to buy GSK’s Indian Horlicks business in $3.75b deal

Unilever’s share of the total deal price is 3.3 billion euros ($3.75 billion), payable using cash, and shares in its subsidiary in India.

Capco eyes sale of London’s Earls Court to Hong Kong’s CK Asset Holdings

The move comes at a time when prices for high-end London property have been under pressure amid worries about the impact of Britain’s looming exit from the European Union.

Prudential forays into Thai mutual fund market with asset manager acquisition

TMBAM is the fifth-largest asset manager in Thailand with $13.15 billion of assets under management.

Aviva to sell life insurer Friends Provident International for $443m

Aviva, Britain’s biggest life insurer, said it would sell Friends Provident International (FPIL), which provides life assurance and investment products in Asia and the Middle East, to a unit of International Financial Group for 340 million pounds ($443 million). The sale, which follows a strategic review, will allow Aviva to… Read more »

China’s Fosun joins race for Faberge owner Gemfields, values it at $288m

Gemfields shareholder Pallinghurst has already submitted a takeover bid.

Event organiser UBM to buy Asia-focussed Allworld for $485m

Event organiser UBM Plc said it would buy Asian exhibitions company Allworld for $485 million in cash, strengthening its position in Asia and providing an entry into the Middle East. The deal, which will be debt-funded with a new bridge facility, is expected to add to earnings in 2017, UBM… Read more »

LSE shareholders back Brexit-clouded Deutsche Boerse merger

The British company asked its shareholders to back its $27 billion merger with its German counterpart to create a European exchange giant on Monday, dismissing concerns it was “shackling itself to a corpse” after Britain’s EU referendum result.

LSE, Deutsche Boerse press on with $30b merger after Brexit vote

London Stock Exchange Group Plc and Deutsche Boerse vowed on Friday to press ahead with a $30 billion merger despite Britain’s vote to leave the European Union. The exchanges said the outcome of the referendum did not change the strategic rationale of the merger and they would continue to seek regulatory approval… Read more »