Buyouts Brighten Outlook for Hong Kong Bankers: Bloomberg Deals
Pedestrians pass a backdrop of Hong Kong’s skyline in the city’s central district.
Photographer: Paul Yeung/BloombergThis article is for subscribers only.
Hi, it’s Manuel Baigorri in Hong Kong, where the trend of take-private deals is on the rise and keeping bankers busy. That’s a relief as other dealmaking activity in the Asian financial hub slows. Also today, Macy’s settled with an activist investor seeking to acquire the retailer, plus we have a couple of health-care M&A scoops.
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An increasing number of Hong Kong-listed company owners are considering taking their firms private, a trend that’s keeping bankers busy as other dealmaking activity wanes.