M&A

The Philippines is one of the fastest growing markets for renewable energy investment and the $115m of proceeds will be used towards hydro, wind and solar projects in the country.

The Singapore-based private equity and M&A expert joins the law firm from Gibson, Dunn & Crutcher, while Xiaoxi Lin joins from Linklaters in Hong Kong.

The proposed $14.9bn deal was partly blocked for national security reasons.

The Japanese insurance giant also agrees to buy the remaining 20% of MLC Life from National Australia Bank for A$500m, with the plan to create a new entity called Acenda.

HPS is a global credit investment manager with approximately $148bn in client assets; BlackRock expects the private debt market to more than double to $4.5tn by 2030.

The $680m deal includes UCB's brands Keppra, Vimpat, Neupro, Zyrtec, Xyzal, and its Zhuhai manufacturing site, and was made in partnership with Mubadala Investment Co.

The aim is to create synergies between Alibaba’s supply chain at home and abroad as competition intensifies.

All the winners of the FinanceAsia Achievement Awards 2024 across the five categories.

Anglo American has agreed to sell its Australian based steelmaking coal business to US firm Peabody Energy for around $3.8bn.