The volume of mergers and acquisitions in the Asia Pacific region is up 19% from the first quarter last year, outshining the US’s 13% and leaving Europe firmly in the shade, with volumes sliding 14% there.
THE LATEST NEWS ON MERGERS & ACQUISITIONS, CAPITAL MARKETS AND TECH TRENDS
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Bankers get boost in Asia Pacific as M&A growth tops US, Europe
The volume of mergers and acquisitions in the Asia Pacific region is up 19% from the first quarter last year, outshining the US’s 13% and leaving Europe firmly in the shade, with volumes sliding 14% there. Read here
Apollo, Citigroup to fund $3.5B Boeing unit sale
The New York-based investment managers are offering an attractive private financing package to support the sale of the Chicago-headquartered aerospace giant’s navigation business, Jeppesen. Read here
PHOTO: ANDRÉ DU-PONT
PE firms on alert as $1B Color Wow sale mulled
The Florida-based high-growth haircare brand founded by industry veteran Gail Federici is exploring a potential sale that could value the company at approximately $1 billion, according to a report. Read here
PHOTO: COLOR WOW
NEWS WORTH NOTING
NEWS WORTH NOTING
Lucid capturing Tesla buyers with SUV launch
The California-headquartered automotive and technology company’s second product, the Gravity SUV, is now on sale with deliveries to a wider swath of customers, potentially including Tesla patrons. Read here
More than three dozen tech firms are set to go public by 2027 in what would mark a rebound in stock sales in the subcontinent, according to a top deal advisor. Read here
Cellnex initiates sale of $2.2B Swiss business
The Sapnish wireless telecom infrastructure operator has launched the sale of its majority stake, with DigitalBridge and Phoenix Tower expressing interest. Read here
DAZN secures control of Foxtel as $2.1B deal clears
Rupert Murdoch's News Corp has completed the sale of its Australian cable-TV business to the British-owned sports streaming network in a $2.14 billion deal. Read here
Greencore to buy rival Bakkavor in $1.6B deal
The British convenience food manufacturer has agreed to acquire its local competitor in a bid to establish a convenience foods giant in Britain. Read here
