Global fashion brands the new M&A targets

In December 2016, Ruyi acquired British heritage brand Acquascutum from its then owner YGM Trading in Hong Kong and most recently it bought ... with their existing China business, according to McKinsey&Company, a global management consulting firm. ( read original story ...)

Saudi Aramco’s IPO: Will It Happen?

McKinsey & Co. estimated the value of Aramco in 2005 at $781 ... Several exchanges are competing for the honor, including those in London, Hong Kong, Tokyo and New York. Each market has its pros and cons. “Aramco public listing should be made on the ... ( read original story ...)

Nirav Modi’s Taiwan, Surat, Hong Kong and Dubai connections

Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe. Documents accessed by Business Standard show some of the Hong Kong-based entities to which at least $45 million was paid in less ... ( read original story ...)

Hong Kong says case against former chief still open

Hong Kong's Department of Justice is still considering whether to prosecute the city's former leader, Leung Chun-ying, over a controversial payment by Australian engineering firm UGL in 2011 as part of a deal to acquire his commercial real estate business ... ( read original story ...)