By Saeed Azhar and Elzio Barreto SINGAPORE/HONG KONG (Reuters) – Private equity firm CVC Capital has sold a $1.6 billion stake in Formula One to three investors including BlackRock (BLK.N) ahead of the … ( read on here … ) – FINANCE Related items Motor racing-BlackRock, investors buy $1.6 bln stake in F1-sources Asian...
* Deal places at least $7 billion value on Formula One * Waddell & Reed, BlackRock and Norges Bank by stakes * Formula One set to price offering before end of June * CVC Capital cuts stake to about 40 pct from 63.4 pct SINGAPORE/HONG KONG, May 22 (Reuters) – Private equity firmCVC Capital...
SINGAPORE/HONG KONG (Reuters) – Royal Bank of Canada and Credit Suisse are among suitors who have put in initial bids to buy the non-U.S. wealth management business of Bank of America in a deal that could be worth about $2 billion (1 billion pounds), sources said. Swiss bank Julius Baer was also keen to...
SINGAPORE/HONG KONG (Reuters) – Royal Bank of Canada and Credit Suisse are among suitors who have put in initial bids to buy the non-U.S. wealth management business of Bank of America in a deal that could be worth about $2 billion, sources said. Swiss bank Julius Baer was also keen to bid for some...
* Julius Baer also looked to bid for parts of assets -sources * Deal could be worth about $2 bln, less than earlierestimates * BofA in step with moves to shrink its business – analyst SINGAPORE/HONG KONG, May 17 (Reuters) – Royal Bank of Canada and Credit Suisse are among suitors who haveput in...
Lumiere Value Fund (LUMIERE) , the top performer in the past three years among funds investing in the Asia- Pacific region, expects more value in Singapore and Hong Kong stocks over the next two years fueled by economic growth. ( more here … ) – OPPORTUNITY Related items RBC, C.Suisse among bidders for BofA...
SINGAPORE/HONG KONG (Reuters) – A shortage of U.S. dollars, new banking regulations and strong investor demand means Asian banks are set to help spur long-awaited innovation in the region's debt capital markets. Singapore is consulting on new guidelines to help its banks issue covered bonds and Hong Kong plans to study investor appetite for similar...
HONG KONG – Royal Bank of Scotland is closing its equity capital market and corporate finance units in South Korea and cash equities businesses in Indonesia, Singapore and Korea, according to an internal memo seen by Reuters on Tuesday. ( read on here … ) – FINANCE Related items RBS to let 70 go...
