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Business 11 May 2021 | 7:00 AM

Monde Nissin attracts GIC, Fidelity to US$1bil IPO

MANILA: Philippine food maker Monde Nissin Corp is in talks with Singapore state investment fund GIC Pte Ltd and Hong Kong insurer AIA Group Ltd to become cornerstone investors in what could be the country’s biggest-ever initial public offering (IPO), according to people familiar with the matter.

Business 20 Apr 2021 | 7:00 AM

Blackstone to sell US$3bil Aussie logistics firm to ESR

SYDNEY: ESR Cayman Ltd has agreed to buy a portfolio of warehouse and logistics assets in Australia from Blackstone Group for about A$3.8bil (US$2.9bil or RM11.96bil) in the country’s biggest real estate transaction in five years.