Ruth David

Nestle said to shortlist Advent-GIC consortium, KKR for skin-health unit bid

Nestle may fetch $8 billion to $10 billion for the assets and the company would prefer to sell the unit as a whole.


ChemChina considers stake sale in Italian tyre maker Pirelli

The move is part of ChemChina’s strategic review of the group’s overseas investments.


AB InBev said to pick JPMorgan, Morgan Stanley for Asia IPO

A listing could give AB InBev’s Asian business a value ranging from $40 billion to $70 billion based on early estimates.


Anheuser-Busch InBev shares jump on report of Asian business IPO

The world’s largest brewer has been looking to reduce borrowings following its purchase of SABMiller Plc for more than $100 billion in 2016.


SoftBank set to divest stake in chipmaker Nvidia next year

While SoftBank still holds an equity stake in Nvidia, it has reportedly constructed a so-called collar trade of about $6 billion, which allows investors to amass stakes while protecting themselves against a decline in stock prices.


VW-backed ride-hailing app Gett seeks buyers to compete with bigger rivals

The Israeli tech firm may sell its entire business or offload regional operations outside of its home market. It may also weigh a listing, partnership or sale of a minority stake to raise capital.


Tencent in talks to join Chinese group to bid for Finland’s Amer Sports

Tencent, China’s largest social-media company, is considering joining the consortium led by Anta Sports Products Ltd as a minority investor.


Dubai payments firm Network International picks banks for London IPO

Warburg Pincus and General Atlantic own a combined 49 percent stake in Network International.


India-focused tech firm Streamcast explores London IPO

Last month, the company announced a partnership with Bharat Sanchar Nigam Ltd to offer “triple play” services.


Retailer Metro said to enlist Citi, JPMorgan to review China operations

The company is exploring options such as selling a minority stake or finding a strategic partner for the business.