GF Securities Co. plans to buy a 20% stake in Value Partners Group Ltd. from the biggest shareholders and founders, as part of a push by the mainland Chinese brokerage to expand overseas, people familiar with the deal said.
(Bloomberg) -- Value Partners Group Ltd. rose as much as 15% in Hong Kong trading as GF Securities Co. is planning on buying a 20% stake in the asset manager as part of a push by the mainland Chinese brokerage to expand overseas.Most Read from BloombergWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products After $184 Billion RallyManchin Gets Mountain Valley Pipeline Deal Into Debt BillDebt-Limit Deal Brings Relief Tinged by Caution: Markets WrapMcCarthy Won the Debt-Limit Deal. Biden D
Johnson Matthey Plc is planning the sale of its medical device components business as the British industrial conglomerate streamlines its portfolio of assets, according to people familiar with the matter.
By: Manuel Baigorri, Min Jeong Lee, Taro Fuse, Takako Taniguchi
Apollo Global Management Inc. and Bain Capital are among potential bidders for Fujitsu Ltd.’s controlling stake in Shinko Electric Industries Co., a packaging material maker for semiconductors, according to people familiar with the matter.
Zhejiang Geely Holding Group Co. is considering raising funds for the maker of London’s iconic black cabs, people familiar with the matter said, as the Chinese automaker looks to bolster its electric fleet.