JAKARTA Indonesian tycoon Tahir said on Monday he is interested in buying all of PT Bank Permata Tbk and merging it with PT Bank Mayapada Internasional Tbk , starting with the stake held by Asia-focused lender Standard Chartered Plc .
HONG KONG Morgan Stanley has received China securities regulator's approval to boost its stake in its Chinese securities venture to 49 percent, said a person with direct knowledge of the matter, making it the first foreign bank to get such a nod.
MUMBAI Indian stock exchange BSE Ltd's initial public offering (IPO) of shares next week may raise as much as 12.43 billion rupees ($182 million) for its investors, based on the indicative price range for the sale announced on Monday.
SYDNEY/HONG KONG DUET Group has agreed to recommend an increased $5.51 billion bid from a consortium led by Cheung Kong Infrastructure Holdings , in a deal that is likely to test Australia's appetite for foreign investment in its key energy assets.
LONDON Mergers and acquisitions activity in the United Kingdom will drop sharply in 2017 due to uncertainty over the terms of its exit from the European Union, law firm Baker McKenzie said in a report published on Monday.
SAN FRANCISCO The judge overseeing the U.S. bankruptcy case of Hanjin Shipping Co Ltd said on Friday he will likely announce on Wednesday whether he will approve the South Korean company's sale of its stake in a U.S. terminal operator after conferring with his South Korean counterpart.
HONG KONG Chinese technology conglomerate LeEco has secured a new round of investment worth 15.04 billion yuan ($2.2 billion) from property developer Sunac China Holdings , according to a stock exchange statement made by Sunac on Friday.
TAIPEI Taiwan's Powertech Technology Inc said Friday it was terminating a share agreement with China's Tsinghua Unigroup Ltd, unraveling more than $2 billion in deal-making that the state-run Chinese giant had hoped to seal on the island.
HONG KONG State-owned Shenzhen Metro Group's purchase of the second-biggest holding in China Vanke is likely to pave the way for it to take control of the property giant and put an end to a year-long corporate power struggle.
TOKYO U.S. private equity firm KKR & Co LP said on Friday it has agreed to buy Hitachi Ltd's power tools unit, Hitachi Koki Co Ltd , for about $1.3 billion, its second billion-dollar deal in Japan in three months.