Four banks start work on China Cinda Hong Kong IPO

Four banks start work on China Cinda Hong Kong IPO

Reuters 17 June 2013 Four global investment banks have started working on a planned initial public offering of China Cinda Asset Management Corp, expected to take place in Hong Kong later in 2013, IFR reported on Monday, citing sources with direct knowledge of the...
China’s Mindray Medical to acquire Zonare Medical for $105m

China’s Mindray Medical to acquire Zonare Medical for $105m

Medicaldevice-network.com 14 June 2013 China-based medical devices developer Mindray Medical International has signed a definitive agreement to acquire the US-based Zonare Medical Systems for $105m. The acquisition is designed to improve Mindray’s high-end...
Malaysian companies plan Hong Kong IPOs

Malaysian companies plan Hong Kong IPOs

Reuters 13 June 2013 Malaysian energy and water company Ranhill Energy and Resources Bhd is expected to launch its initial public offering (IPO) on June 28 that will target raising 1.0 billion ringgit ($319.23 million), two sources said. Ranhill Energy joins a queue...
Nexteer Automotive launches up to $325 mln HK IPO

Nexteer Automotive launches up to $325 mln HK IPO

Reuters 14 June 2013 Nexteer Automotive Group Ltd, the world’s fifth largest supplier of steering systems, launched on Friday an up to $325 million Hong Kong initial public offering, braving a volatile local stock market and tepid demand for new listings in the...
Grohe considers IPO or trade sale

Grohe considers IPO or trade sale

Financial Times 16 June 2013 The private equity owners of Germany’s Grohe are considering an initial public offering or trade sale that could value Europe’s largest sanitary fittings maker by sales at nearly €4bn, including debt. David Haines, chief executive,...