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Allied Gold owns several large gold mines in Africa with the Canadian firm describing the all-cash offer as "friendly"; its annual gold output is expected to increase to 25 tonnes by 2029.

Coller Capital is a global secondaries firm with around $50bn in AUM and six Apac offices. EQT's CEO believes Coller's business can double in size in under four years; the PE giant is paying up to $3.7bn. In Japan, EQT has launched a bid for Mamezo.

The Standard Chartered supported issuance follows the Qatar National Bank’s $500m offering in November.

FinanceAsia's editorial team picks five of the biggest stories from the year across M&A, ECM, digital assets and Trump's tariffs.

YP05002, developed by Yao Pharma, is in Phase 1 clinical development in Australia and can potentially help with metabolic diseases; Yao Pharma will receive an upfront payment of $150m for a worldwide licence.

Cross was most recently chief financial officer at the Asian Infrastructure Investment Bank in Beijing.

Nelson has been interim chair since October 1 after Mark Tucker left the global bank to rejoin AIA.

The Central Bank of the UAE has approved Zand, a digital bank, to launch Zand AED, a multi-chain AED-backed stablecoin.

It is the group's largest public IABS issuance to date and its first in the Rule 144A/Reg S format with US onshore investors involved. Clifford Capital's group CEO told FA the deal "reflects the growing interest and appetite in infrastructure returns from institutional investors".