CIC has been speaking with potential advisers as it reviews options including a sale of part or all of its 15% stake.
A deal could value the franchise operator at about $100 million to $200 million.
IPOs & Markets
A successful IPO would mark at least the third effort to raise money to develop the Tavan Tolgoi mine after international partnerships failed in 2011
Hop Lun counts Victoria’s Secret and H&M as its clients.
Any transaction would mark a rare U.S. acquisition by a Chinese company as ongoing trade tensions slow cross-border dealmaking.
A potential sale could value Paradise Group at as much as S$500 million ($367 million).
In addition to the turmoil in A.S. Watson’s home market of Hong Kong, uncertainties around Brexit have affected the retailer’s business in the U.K
Topsports will be one of the first major companies to test the Hong Kong IPO market in September with protests still roiling the city.
HSBC Holdings Plc cut about 10 banking jobs in Japan and Australia, eliminating the merger advisory teams based in those countries.
Plus.AI counts China’s largest truck-sharing platform, Full Truck Alliance Group, as its external shareholder.
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