Starwood Capital Group, one of the largest real estate investors worldwide, is part of a consortium of shareholders proposing to take Asian warehouse developer ESR Group private.

Hong Kong-based financial service platform Gome Finance Technology marks diversification by acquiring Chinese game developer and publisher CashBox Group Technology which will help treble its revenues.

Data centre deals in the Asia-Pacific this year are expected to surpass the region’s record tally of US$3.45 billion in 2023.

CK Infrastructure’s US$113.5 million purchase of UU Solar, its second acquisition of UK renewable-power assets in two weeks, includes 70 solar, wind and hydropower projects.

Mayer Brown’s Hong Kong partners plan to reestablish their firm as Johnson Stokes & Master, which was the name of the Hong Kong-based entity that merged with Mayer Brown in 2008.

Swire Pacific, which has made healthcare a key growth area, has completed the acquisition of a controlling stake in Shanghai-based cardiovascular treatment provider DeltaHealth.

Reinhold Geiger is considering making an offer for the L’Occitane shares he does not already own at HK$33 to HK$34 apiece as early as Monday.

Guolian Securities plans to buy a 95.48 per cent stake in unlisted Minsheng Securities, in an acquisition that is expected to make it a top-20 brokerage.

A consortium of CK Infrastructure, CK Asset Holdings and Power Assets Holdings is acquiring the largest natural gas network company in Northern Ireland. The deal is expected to be completed by the end of April.

BNP Paribas marks its re-entry into China’s market with hires, at a time when Morgan Stanley, Goldman Sachs and JPMorgan have all made rounds of job cuts in Hong Kong and China

More divestments to come, analyst says, as conglomerate aims to cut debts by US$1.38 billion annually in the next two to three years.

Wanda was once seen as one of the few high-quality Chinese issuers in the junk-bond market thanks to its focus on commercial real estate, as well as its asset-light property-management business.

L’Occitane’s billionaire owner Reinold Geiger and Blackstone are nearing a deal to take the US$5.6 billion skincare company private, people familiar said. The stock is halted in Hong Kong pending an announcement.

HSBC is exploring the sale of various business units in Germany, according to people familiar with the matter. This could add to its exits from Canada, France and Brazil in recent years.

Switzerland’s biggest lender expects Asia to be its future growth engine after the acquisition of rival Credit Suisse last year expanded its footprint and client assets in the region, says CEO.

Chinese conglomerate Fosun International is rapidly offloading assets as it looks to lower debt and concentrate on sustainable businesses

Trump Media & Technology Group – acquired on Monday by a blank-check company called Digital World Acquisition – runs the social media platform Truth Social.

While PE firms operating in Asia are confident in their core business, they are eyeing alternative assets such as private credit and infrastructure to generate alpha, executives say at the Milken Institute symposium.

Japan overtook China as the biggest private equity market in Asia-Pacific last year, becoming the only country to see an increase in deal activity, according to Bain & Company.

Microsoft will pay US$620 million to license Inflection’s AI models and around US$30 million for waiving any legal rights related to its mass hiring of the start-up’s employees.

Zhang, who left Alibaba last September, will focus on mergers and acquisitions as managing partner at Firstred Capital.

Chinese companies seeking to expand overseas and Asian SMEs with ESG potential hold a lot of potential for private credit providers, ADM Capital founder Christopher Botsford says.

Fosun Tourism Group, the leisure and tourism unit of Chinese conglomerate Fosun International, is courting both domestic and international investors in a move that is in line with its asset-light strategy.

M&A activity in the Asia-Pacific region is expected to bounce back by around 10 per cent in the second half of this year after a lacklustre 2023, with India and Japan likely to emerge as winners, EY’s Yew-Poh Mak tells the Post.

Chinese investors sold US$31.7 billion of US commercial real estate between 2019 and last year, 15 times more than what they acquired during the same period, according to MSCI Real Assets.

GSR Ventures’ Allen Zhu sees the current investor interest generated by artificial intelligence start-ups that are building large language models as based on a ‘fear of missing out’.

Fosun Tourism Group, the leisure and tourism unit of Fosun International, said on Wednesday that it is “financially sound”, amid reports that its parent firm is mulling the sale of a stake in the luxury resort to cope with debt.

With Southeast Asian aviation experiencing a ‘purple patch’, the Malaysia-based carrier is set to witness its ‘best ever period’, founder Tony Fernandes said. ‘I’ve never been this bullish before’.

A consortium led by state-owned Sinopharm has revived a take-private bid for China-TCM, the Hong-Kong-listed drug maker said on Wednesday, valuing it at US$2.96 billion.