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Category: Manufacturing and Industrial

Corrected: Shriram Transport Finance’s rights issue wrapped up

Shriram Transport Finance Co has scooped up Rp14.9bn ($199m) from a rights issue in India.

China policy round-up: Sino-US relationship worsens, Beijing commits to maintaining supply chains, India bans WeChat

In this round-up, China joins a 12-country initiative to ensure supply chain connectivity, India has banned 59 Chinese apps including WeChat for being ‘prejudicial’ to its sovereignty and integrity, and tensions between China and the

Investindustrial hires Asia chairman from Deutsche Bank

The European private equity group wants to expanding its presence in Asia to further support the growth of its portfolio companies

Companies put IPOs on ice as coronavirus fears shake markets

Carlyle has already delayed the US IPO of chemicals manufacturer Atotech

Industrial Bank uses blue, Covid labels for bond return

Industrial Bank Co has locked up more than $800m-equivalent from an international bond sale earmarked for green and social projects.

ICBC nets $1.8bn from dual-tranche return

Industrial and Commercial Bank of China used its Singapore arm to raise more than planned from a dual-tranche bond on Tuesday, taking a total of $1.8bn after tightening pricing by 40bp on both portions.

CBPE seals 3x return with ABI Holiday Homes exit

The sale of the manufacturer of caravan holiday homes to its management team generated an IRR of 36.9% for the UK-based firm

IK in talks to sell space and defence components manufacturer Exxelia

The transaction would give Exxelia an enterprise value of around €500m, according to a person familiar with the business

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