Vinicy Chan

Metro AG’s $1.5b China unit sale attracts Tencent, Citic PE

The German retailer is willing to sell as much as 80% of the Chinese business while retaining a significant minority.


Tencent weighs bid for part of Temasek’s stake in global retailer A.S. Watson

The Singapore state investment company is considering selling around 10% stake in A.S. Watson for about $3 billion.


Canadian pension fund CPPIB eyes opening first office in China

Canada’s largest pension fund investor could open an office in Beijing as soon as next year.


CapitaLand REIT said to pursue $1.1b Duo office and retail assets

The development is owned by M+S Pte, a joint venture between Malaysian sovereign fund Khazanah and Singapore’s Temasek.


HNA’s IT services arm attracts interest from Digital China, Tech Mahindra

Buyout firm Advent International and some Chinese investment funds have also been weighing offers for HNA’s Pactera Technology International Ltd. unit.


ChemChina considers stake sale in Italian tyre maker Pirelli

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


Cathay Pacific exploring options to acquire HNA’s two Hong Kong carriers

HNA has already trimmed one of the country’s biggest debt piles by selling off dozens of assets from hotels to stakes in aircraft leasing companies.


Ping An said to prepare for IPO of fintech arm at $8b valuation

Ping An is targeting to list OneConnect in Hong Kong as soon as the second half of this year and the share sale could raise roughly $1 billion.


Pakistan’s online retailer Yayvo seeks investors to take on Alibaba

Yayvo, Pakistan’s second-largest online retailer, is planning to bring in new investors amid competition from Alibaba Group Holding Ltd.


Japanese jewelry retailer Primo’s PE owner explores IPO options

While an IPO is currently the preferred option, Longreach could still opt to sell the business to another private equity firm or a rival retailer.