Page 44 - Sameer Manekar News Today

By Reuters Staff 2 Min Read (Reuters) - Food and beverages firm Del Monte Pacific said on Wednesday it would delay the initial public offering of its Philippine unit, as the country reels from a surge in coronavirus cases. Del Monte Philippines Inc in April filed for an offering that could raise up to 44.1 billion Philippine pesos ($888.8 million), making it the second-largest share offering in the Philippines. But rising cases of the Delta variant of coronavirus cases and corresponding volatil...

Chinese EV manufacturer Li Auto plans $1.9 billion Hong Kong listing FILE PHOTO: People stand near the logo of Chinese electric vehicle (EV) maker Li Auto at a product launch event in Beijing, China May 25, 2021. REUTERS/Yilei Sun August 3, 2021 (Reuters) – Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HK$15.0 billion ($1.93 billion) in an initial public offering (IPO) in Hong Kong. Li Auto’s proposal for secondary listing comes nea...

Chinese EV manufacturer Li Auto plans US$1.9 billion Hong Kong listing Toggle share menu Advertisement Chinese EV manufacturer Li Auto plans US$1.9 billion Hong Kong listing Chinese electric vehicle manufacturer Li Auto Inc said on Tuesday it was looking to raise as much as HKUS$15.0 billion (US$1.93 billion) in an initial public offering (IPO) in Hong Kong. FILE PHOTO: People stand near the logo of Chinese electric vehicle (EV) maker Li Auto at a...

Oil Search (OSH.AX) said on Monday it intended to recommend an improved buyout offer from Santos Ltd (STO.AX), worth A$8.4 billion ($6.2 billion), in a deal that would create a top-20 global oil and gas company.

Australias Lynas gets relief from Malaysian court in license renewal case Toggle share menu Advertisement 29 Jul 2021 09:20AM Share this content Bookmark REUTERS: Australias Lynas Rare Earths said on Thursday a Kuala Lumpur court had dismissed a lawsuit challenging Malaysias decision to renew the companys operating license. Malaysia in August 2019 extended https://reut.rs/3f7ek7i a license to Lynas rare earths processing plant on the condition that it build a...

Australia’s Macquarie Group cuts dividend outlook, ‘deeply’ regrets Nuix IPO fallout FILE PHOTO: The logo of Australias biggest investment bank Macquarie Group Ltd adorns a door to their Sydney office headquarters in Australia, October 28, 2016. REUTERS/David Gray July 29, 2021 By Paulina Duran SYDNEY (Reuters) -Australia’s Macquarie Group said on Thursday first-quarter profit for fiscal 2022 was up significantly from the pandemic-hit period a year earlier, but warned of lower dividend...

Spark Infra to open books to KKR consortium after sweetened $3.8 billion bid (Reuters) -Spark Infrastructure on Wednesday agreed to open its books to a consortium that includes private equity giant KKR & Co Inc after the group tabled a third buyout offer, valuing the Australian electricity infrastructure investor at A$5.13 billion ($3.78 billion). The offer, the latest in a flurry of buyout bids in Australia this year, comes nearly two weeks after Spark rejected the consortium’s previous prop...

Article content Australia-listed Oil Search Ltd on Tuesday reported a 38% jump in its quarterly revenue and reaffirmed its annual production forecast, as rebounding demand for travel and industrial activity from reopening of economies strengthen oil prices. Crude prices have soared more than 50% this year, fueling optimism about global oil demand returning to its pre-pandemic levels by next year. We apologize, but this video has failed to load. Try refreshing your browser, or listed Oil Search...

* Q2 production down ~10% (Adds details on Pikka project in Alaska) July 27 (Reuters) - Takeover target Oil Search on Tuesday reported a 38% jump in quarterly revenue and reaffirmed its annual production forecast, as rebounding demand for travel and industrial activity from reopening of economies strengthen oil prices. Crude prices have soared more than 50% this year, fueling optimism about global oil demand returning to its pre-pandemic levels by next year. For the quarter ended June 30, Oil S...

Article content This boosted the Papua New Guinea-focused firm’s operating revenue to $366.2 million, up from $266.2 million a year ago. Oil Search earlier in the month rejected an A$8.8 billion ($6.50 billion) takeover approach from Santos Ltd, saying it was inadequate. Oil Search’s shares on Monday closed about 4% above Santos’ offer price of about A$3.80 a share based on the gas producer’s close – indicating investors expect a higher bid. Oil Search, which is looking to sell a 15% ...