HEINEKEN SELLS MEXICAN CAN MAKER TO CROWN
Heineken has agreed to sell its Mexican packaging business to
Crown Holdings for $1.23 billion in cash, allowing the Dutch brewer
to tighten its focus on beer.
CHINA SEEKS EXPLANATION FROM MICROSOFT
A Chinese antimonopoly agency said Microsoft should issue a
written explanation within 20 days covering what it called
compatibility and bundling issues with the U.S. software company's
Windows and Office software.
CAIXABANK TO BUY BARCLAYS RETAIL BANKING IN SPAIN
Caixabank has agreed to buy Barclays' retail banking division in
Spain as the British bank scales back its presence in
less-profitable markets.
HONG KONG AIRLINES TO SEEK DUAL-CURRENCY LISTING
Hong Kong Airlines will apply for listing approval from the Hong
Kong Stock Exchange for a $500 million initial public offering that
would be the city's first dual-currency IPO.
CHINA AUTO RENTAL PLANS TO TAKE ORDERS FOR IPO
China Auto Rental plans to take orders from investors Friday for
its $500 million initial public offering in Hong Kong ahead of
listing in the city in September, people familiar with the
situation said Monday.
ALIBABA PLANS U.S. IPO LAUNCH WEEK OF SEPT. 8
Chinese e-commerce giant Alibaba Group Holding plans to launch
its U.S. IPO early in the week of Sept. 8, as the company aims to
complete its monthslong dialogue with U.S. regulators, a person
familiar with the deal said.
DUBAI'S EMAAR TO LAUNCH MALLS BUSINESS IPO
Emaar Properties, Dubai's flagship real-estate developer, said
it plans to launch the initial public offering of its profitable
malls business in September, which would likely be the largest
share sale in the United Arab Emirates since it was hit by the
financial crisis in 2008.