A GROUP led by Singapore property firm Overseas Union Enterprise Ltd launched a S$13.1 billion ($10.7 billion) bid for Fraser and Neave Ltd (F&N), challenging a takeover offer for the conglomerate from Thailand's third-richest man.
CARYLE GROUP and Seven Group Holdings have hired Goldman Sachs for a possible sale of Australia's top equipment hire firm after failing to proceed with other options, including an A$800 million ($831 million) initial public offering earlier this year.
TWO U.S. securities regulators said more safeguards for investors should be considered before a rule lifting the ban on general advertising for private offerings is adopted, with one going so far as to call for a complete re-write of the proposal.
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