CapitaLand Investment Ltd. appointed Citigroup Inc.’s top Asia real estate investment banker Kara Wang as chief investment officer for China starting next month, signaling the Singapore firm’s appetite for dealmaking.
By: Manuel Baigorri, Cathy Chan, Dong Cao, Vinicy Chan
Carlyle Group Inc. is considering bringing in fresh backers for its investment in McDonald’s Corp.’s Chinese operations, people familiar with the matter said.
Sinochem Holdings Corp. is exploring ways to salvage a planned Shanghai listing of its unit Syngenta Group, including a smaller initial public offering for the agrochemical giant, people with knowledge of the matter said.
Syngenta Group is preparing to move forward with plans for its initial public offering, less than two months after the Shanghai stock exchange abruptly canceled the firm’s hearing to join the Nasdaq-like Star board.
Online gambling firm Kindred Group Plc is accelerating plans for a potential sale, people with knowledge of the matter said, following the departures of senior managers in recent weeks.
Morgan Stanley is letting go of at least six managing directors, including some key China bankers, as part of broader job cuts in Asia where dealmaking has been stymied by growing China-US tensions and tepid economic growth.