HONG KONG, June 11 (Reuters) – Standard Chartered (STAN.L: Quote, Profile, Research)
and Spain’s BBVA (BBVA.MC: Quote, Profile, Research) are among the banks showing interest
in the sale of the Gunawan family’s $1.4 billion stake in
Indonesia’s Panin Bank (PNBN.JK: Quote, Profile, Research), sources with direct knowledge
of the deal told Reuters.

The 46 percent stake is on the block with UBS running the
auction, sources have previously told Reuters.

HONG KONG (Reuters) – The Agricultural Bank of China ABC.UL is close to signing up a list of cornerstone investors, including Temasek TEM.UL and Qatar’s sovereign fund, for its roughly $20 billion Hong Kong and Shanghai IPO, sources involved with the deal said on Thursday, with the bank hoping to get a one year lock-up commitment.

Cornerstone investors for AgBank’s Hong Kong-listed H-share offering are expected to invest between $100 million and $1 billion each, the sources said. Interested sovereign funds, which also include Kuwait and China Investment Corp, are in talks to buy up shares worth closer to the $1 billion mark.

HONG KONG, June 10 (Reuters) – The Agricultural Bank of China [ABC.UL] is close to signing up a list of cornerstone investors, including Temasek [TEM.UL] and Qatar’s sovereign fund, for its roughly $20 billion Hong Kong and Shanghai IPO, sources involved with the deal said on Thursday, with the bank hoping to get a one year lock-up commitment.

Cornerstone investors for AgBank’s Hong Kong-listed H-share offering are expected to invest between $100 million and $1 billion each, the sources said. Interested sovereign funds, which also include Kuwait and China Investment Corp, are in talks to buy up shares worth closer to the $1 billion mark.

HONG KONG (Reuters) – Investors will scour a preliminary prospectus for Agricultural Bank of China’s ABC.UL around $30 billion IPO, the world’s largest, for updates on its book value and bad loans.

The financial update is expected later on Friday as part of China’s fourth-biggest bank’s dual listing in Shanghai and Hong Kong, slated for July.

HONG KONG/SHANGHAI (Reuters) – China’s securities regulator plans to release on Friday long-awaited documents for Agricultural Bank of China’s ABC.UL roughly $30 billion initial public offering, according to sources, a sign the deal is on track for a listing approval hearing next week.

Sources with direct knowledge of the matter said the China Securities Regulatory Commission (CSRC) will release AgBank’s preliminary prospectus late on Friday, which would offer key financial information on the company, not seen since the bank’s year-end report in 2008.

HONG KONG/SHANGHAI (Reuters) – Agricultural Bank of China ABC.UL may struggle to get the kind of valuation it wants as it gears up to launch the world’s biggest IPO into a market that has slumped by a fifth in just six weeks.

China’s market .SSEC drop is one of several factors prompting potential investors to query whether AgBank, China’s fourth-biggest lender by assets, is worth the 1.6 times book value being bandied around in the market.

HONG KONG (Reuters) – British insurer Prudential plc (PRU.L: Quote, Profile, Research) is withdrawing from a $35.5 billion deal to buy American International Group Inc’s (AIG.N: Quote, Profile, Research) Asian life insurance business AIA, paving the way for a potential listing of AIA.

The widely expected move by Prudential on Wednesday came after AIG knocked back a lower offer from it a day earlier, and would help the British firm avoid an embarrassing defeat at the hands of shareholders next week.

HONG KONG (Reuters) – AIG’s rejection of a lowered takeover offer by Prudential for its Asian life insurance business has shifted attention back to the company’s IPO plans.

Among the key points under discussion in the world’s most active IPO market is how much the company will float and what kind of valuation AIA could get from the offering.

HONG KONG (Reuters) – AIG’s (AIG.N: Quote, Profile, Research) rejection of a lowered takeover offer by Prudential (PRU.L: Quote, Profile, Research) for its Asian life insurance business has shifted attention back to the company’s IPO plans.

Among the key points under discussion in the world’s most active IPO market is how much the company will float and what kind of valuation AIA could get from the offering.

HONG KONG (Reuters) – Steven Barg, UBS’s <UBSN.VX> head of global capital markets for Asia, has resigned from his post, a source with direct knowledge of the matter said, marking a blow to the bank’s regional ECM franchise.

The source said Barg is expected to move to Goldman Sachs <GS.N>. UBS and Goldman declined comment.