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M&A

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  • Asia-focused real estate conglomerate Jardines agreed to acquire the remaining 12% stake it doesn't already own in hotel arm Mandarin Oriental International at a $4.2B valuation representing a 40% premium Reuters


  • Emirates NBD Bank will invest $3.1B for a 60% stake in India's RBL Bank Reuters


  • Chinese tech giants Alibaba and Ant Group agreed to acquire several floors of an office tower in Hong Kong's priciest districts for $925M  Alibaba


  • Abu Dhabi SWF Mubadala is exploring an acquisition of $850M-listed outdoor advertising company Clear Channel Outdoor Reuters


  • Medtech giant Boston Scientific agreed to acquire the remaining equity it doesn't already own in medtech Nalu Medical for $533M cash Bloomberg


  • UK PE firm Partners Group is preparing a sale of a $400M office in London's insurance district Private Equity


  • BlackRock-backed French water and waste-treatment company Suez paused a sale of Chinese assets  Bloomberg

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