Citi chasing a slice of Pudong?
(China) – Citibank has reportedly made an approach to the holder of a 10 percent stake in China’s Shanghai Pudong Development Bank.Citibank’s interest is in two tranches – […]
(China) – Citibank has reportedly made an approach to the holder of a 10 percent stake in China’s Shanghai Pudong Development Bank.Citibank’s interest is in two tranches – […]
(Taiwan) – Two just completed large bank mergers in Taiwan, worth nearly US$6 billion, is seen to be the start of a move forcing smaller rivals to accelerate […]
(South Korea) – US investment fund Lone Star has tabled a revised bid for nationalised SeoulBank, despite reports from Korea’s regulator of having been beaten by local bank […]
(Australia) – National Australia Bank (NAB) is reportedly considering a hostile acquisition bid for UK-based bank Abbey National following the breakdown in talks between the supposed merger partners.Apparently, […]
(South Korea) – Korea’s Hana Bank has received a key recommendation over US fund Lone Star as the favoured bidder for nationalised SeoulBank.State agency the Public Fund Oversight […]
(Asia) – Goldman Sachs topped the list for M&A work outside Japan in Asia during the June quarter.According to Thomson Financial, the market saw total transaction volume fall […]
(South Korea) – South Korea’s state controlled Chohung Bank is reportedly planning to bid for Seoulbank, although has yet to submit a formal letter of intent.Seoulbank is still […]
(Australia) – Big 4 Australian bank – National Australia Bank (NAB) is rumoured to be about to run its ruler over UK bank Abbey National plc.NAB’s existing assets […]
(Australia) – Salomon Smith Barney has ranked first in advisers on Australian and New Zealand M&A activity in this year’s first half, a huge jump from 14th place […]
(Australia) – Sydney airport is being sold for A$5.588 billion to the Macquarie Bank led Southern Cross consortium.In what is the largest, single privatisation of Government infrastructure, Southern […]