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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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L&T Technology Services has named Bank of America Merrill Lynch, JM Financial, Kotak Mahindra Capital and SBI Capital Markets as the lead banks on its planned IPO in India. -
Investigators raided the offices of Lotte Group early Friday morning, one week after they did the same to its subsidiary Hotel Lotte Co, which is in the midst of trying to launch an IPO.
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A $12.7bn Asia-focused syndication to back China National Chemical Corp’s (ChemChina) acquisition of Swiss firm Syngenta has concluded with eight new lenders joining.
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Nippon Steel & Sumitomo Metal Corp pared down some of its stake in Korean steelmaker Posco via an overnight offering on Wednesday, netting W164.17bn ($139.68m) from the hedge fund-heavy trade.
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China State Construction Engineering Corporation sealed a dual-tranche offering split between a three year and five year this week, coming to the market in a week that hosted other deals from Chinese state-backed companies. But thanks to its link to the central government, the issuer managed to raise $1bn effortlessly.
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The senior phase of a $405m loan for Blackstone’s acquisition of Indian fintech firm Mphasis has closed, with three new lenders coming in.
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