The Singapore state investment firm is said to be exploring spending at least a few hundred million U.S. dollars on any deal.
Morgan Stanley, Citigroup, Goldman Sachs, Bank of America and JPMorgan Chase were among at least 10 banks that helped to make the so-called margin loa
The Chinese textile producer is in advanced negotiations with Bally’s owner and has been discussing a price of about $700 million
IPOs & Markets
Some banks pitching for roles on the IPO are tentatively valuing the company at between $1 trillion and about $1.5 trillion.
The region has had a strong showing in 2017 -- companies and their shareholders have raised about $55 billion in IPOs year-to-date.
IPO activity in the U.A.E. is showing signs of picking up after only two deals were completed throughout 2015 and 2016.
Selling the unit is part of Unilever’s effort to focus on faster-growing businesses.
The Qatar Investment Authorit is considering selling more of its $320 billion of assets.
Agarwal said the purchase was a family investment and he doesn’t intend to make a takeover offer.
It is seeking funds to support its resurgence seven years after releasing its best-selling title.
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