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Asia M&A centres on utilities and energy

October 27, 2009  

From Pamela Tang

Utilities and energy deals dominated buy-out activity last week, with a bid from Pacific Equity Partners leading the way. Separately, corporate bond volume dropped while equity markets were noticeably weaker. Asiamoney.com rounds up last week’s regional capital market activity.

Utilities and energy were the primary focus of M&A activity in the Asia-Pacific ex-Japan region again last week, with eight deals worth a total of US$1.3 billion.

The largest came from Pacific Equity Partners, an Australian private...


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OFFSHORE RENMINBI DCM

Rank Bookrunner Value ($m) No. %Share
1 HSBC 2,717 31 19.6
2 Standard Chartered Bank 1,889 26 13.6
3 Bank of China Ltd 1,561 17 11.2
4 Deutsche Bank 893 13 6.4
5 Industrial & Commercial Bank of China - ICBC 827 12 6.0
6 Agricultural Bank of China Ltd 607 7 4.4
7 Goldman Sachs 570 8 4.1
8 Citi 569 8 4.1
9 China International Capital Corp Ltd 461 5 3.3
10 DBS 442 9 3.2
Subtotal 10,534 72 75.9
Total 13,886 81 100.0

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