Latest news with #ManuelBaigorri
Bloomberg
17-07-2025
- Business
- Bloomberg
Empty Shelves on Wall Street as Couche-Tard's 7-Eleven Buy Fails
Hi, it's Manuel Baigorri in Hong Kong, looking at the fallout for M&A advisers of the failed Couche-Tard, Seven & i deal. Elsewhere, it's another day, another senior hire at Citigroup's investment bank. Today's top stories
Bloomberg
10-07-2025
- Business
- Bloomberg
Mitratel Is Said to Weigh Reviving $5.5 Billion Bersama Merger
By and Manuel Baigorri Save Indonesian telecommunications tower company PT Dayamitra Telekomunikasi is considering reviving a merger with rival PT Tower Bersama Infrastructure, people familiar with the matter said, which would mark the second such attempt in a decade. The companies, both listed in Jakarta, have held early talks with prospective advisers about the merits of a potential combination that could create an entity worth about 90 trillion rupiah ($5.5 billion), the people said, asking not to be identified because the deliberations are private.
Bloomberg
08-07-2025
- Business
- Bloomberg
Starbucks Draws Interest for Controlling Stake in China Unit
By and Manuel Baigorri Save Starbucks Corp. has received proposals from prospective investors in its China business, most of whom are eyeing a controlling stake in the operation, said people familiar with the matter. The Seattle-based company is now in the process of sifting through proposals and shortlisting a group of potential investors for a next round of bidding, the people said, asking not to be identified because the matter is private. The company may share financial and operating details with those bidders to help them assess the valuation of its Chinese assets, the people said.
Bloomberg
04-07-2025
- Business
- Bloomberg
Wealth Fund KIA Said to Be Seller of $3.4 Billion AIA Stake
By and Manuel Baigorri Updated on Save The Kuwait Investment Authority was the undisclosed shareholder behind the HK$26.8 billion ($3.4 billion) sale of a stake in insurer AIA Group Ltd., people with knowledge of the matter said. The sovereign wealth fund offloaded a 3.7% stake in Hong Kong-based AIA through a series of block trades, the people said, asking not to be identified because the information is private.
Bloomberg
02-07-2025
- Business
- Bloomberg
Why Goldman Sachs Sees Sports Business Booming in Asia
Hi, it's Manuel Baigorri in Hong Kong. In today's newsletter, we chat with the co-head of Goldman's sports franchise, who shares his outlook for the Asian market. Elsewhere, Banco Santander clinches a big UK bank deal while a SoftBank transaction is getting a closer look from regulators. Today's top stories
