Catherine Badour
China’s top movie ticketing platform, Maoyan Weying, has filed for a Hong Kong listing in which it aims to raise between $500 million and $1 billion, sources told Reuters.
Fosun International (0656.HK) plans to float its Club Med holiday business in Hong Kong and raise up to $700 million, sources said on Tuesday, three years after it won the global resorts operator in a long-running takeover saga.
The international arm of Britain’s Royal Mail Plc (RMG.L) has bought Canadian parcel delivery company Dicom Canada for C$360 million (£214 million), adding to its growing operations in a number of U.S. states and across Europe, Reuters reported.
Riverstone Holdings LLC, an energy-focused buyout firm backed by Goldman Sachs Group Inc, is laying the groundwork to raise a new flagship fund, indicating to investors it may target $5 billion in capital, sources told Reuters.
U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter.
Regional investment firm Baring Private Equity Asia’s real estate arm on Thursday announced the final closing of a $1 billion Asian real estate fund, its second and biggest to date, Reuters reported.
Actis, a leading emerging market investor, has bid to buy the bulk of the private equity funds’ business of stricken Dubai-based Abraaj, sources told Reuters.
Phoenix Global Mining (PGMH.L), which is reopening a U.S. copper mine abandoned during World War II when its workforce left to fight, plans to list in New York in September after a disappointing launch on London’s AIM market, Reuters reported.
Medical device maker Stryker Corp (SYK.N) said on Thursday it will buy smaller rival K2M Group Holdings Inc (KTWO.O) for about $1.4 billion to bolster its spinal devices unit.
Wilsonart, the maker of countertops and other furniture-manufacturing materials whose owners include industrial conglomerate Illinois Toolworks Inc (ITW.N), is exploring a sale that could value the private company at $2.75 billion, Reuters reported.