Ruth David

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.


Kraft said to agree sale of part of Indian portfolio to Zydus

Tata Group, India’s biggest conglomerate, and consumer-goods manufacturer Dabur India Ltd. were also among suitors for the Kraft Heinz businesses.


SoftBank IPO banks said to commit to $9b Vision Fund loan

The almost $100 billion Vision Fund has holdings in companies including ARM Holdings Plc, Uber Technologies Inc., WeWork Cos., Slack Technologies Inc. and General Motors Co.’s self-driving car unit.


GIC-backed LeasePlan plans to seek IPO valuation of up to $8.7b

LeasePlan, which has about 1.8 million vehicles under management in more than 30 countries, resells used cars in Europe through its CarNext.com business.