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White & Case recruits PE partner from Linklaters in HK

BY Kanishk Verghese |

White & Case has hired private equity specialist Peggy Wang from Linklaters as a partner in the firm’s Hong Kong office.
SG: King & Spalding nabs HSF’s SEA energy head

BY ALB |

King & Spalding has hired Richard Nelson, former head of Herbert Smith Freehills’ Southeast Asia energy practice, as a partner in its Singapore office.
Saudi's Kingdom Holding sells 5.6 percent stake in News Corp

BY Reuters |

Saudi Arabia's Kingdom Holding, the investment firm owned by billionaire Prince Alwaleed bin Talal, sold most of its stake in media giant News Corp as part of a portfolio review, it said on Wednesday.
Alibaba seeking stake in insurer New China Life

BY Reuters |

China's Alibaba Group Holding Ltd, the world's biggest e-commerce company, is planning to buy shares in the state-run New China Life Insurance Co Ltd, Shanghai Securities News said on Wednesday, citing unnamed sources.
Bakrie Telecom to merge network business with Smartfren

BY Reuters |

Indonesian telecommunication operators PT Bakrie Telecom Tbk and PT Smartfren Telecom Tbk will merge their network operations in a deal that will make Bakrie Telecom one of Smartfren's shareholders.
GIC-led group in talks 'to buy IndCor from Blackstone'

BY Reuters |

Singapore sovereign wealth fund GIC Pte is leading a consortium to buy U.S.-based IndCor Properties from Blackstone Group in a deal valued at about $8 billion including debt, a person familiar with the matter said on Tuesday.
Mitsubishi gets 91 pct of Cermaq in bid

BY Reuters |

Japan's Mitsubishi Corp acquired 91 percent of Norwegian salmon farmer Cermaq in a $1.4 billion bid for the firm, which holds extensive fishing assets in Norway and Chile, it said on Tuesday.
M&M offers to buy Peugeot scooters

BY Reuters |

India's largest utility vehicle maker, Mahindra & Mahindra Ltd, is in exclusive talks to buy the world's oldest maker of motorised two-wheelers from France's PSA Peugeot Citroen.
Lawson 'to buy Seijo Ishii for $500 mln'

BY Reuters |

Japanese convenience store operator Lawson Inc will buy upscale supermarket chain Seijo Ishii Co for about 55 billion yen ($503 million), including debt, from investment fund Marunouchi Capital, two sources familiar with the matter said.
Maybank's Philippines unit in talks with M&A targets locally

BY Reuters |

The Philippine unit of Malaysia's largest bank, Malayan Banking Bhd, is holding preliminary talks with merger and acquisition targets to expand its domestic business, particularly consumer lending, its top official said.