Quentin's Feed
Sep 17, 2015
via Breakingviews

Beer megadeal could fuel a round of M&A in China

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Big Beer’s most monstrous deal yet could fuel an overdue round of M&A in China. If Anheuser-Busch InBev can swallow $90 billion rival SABMiller, complete with its 49 percent stake in Chinese market leader CR Snow, others in the Middle Kingdom may seek tie-ups. Alternatively Snow’s other owner, China Resources Enterprise, might take full control and mop up smaller brewers itself.

Sep 17, 2015
via Breakingviews

Beer megadeal could fuel a round of M&A in China

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Big Beer’s most monstrous deal yet could fuel an overdue round of M&A in China. If Anheuser-Busch InBev can swallow $90 billion rival SABMiller, complete with its 49 percent stake in Chinese market leader CR Snow, others in the Middle Kingdom may seek tie-ups. Alternatively Snow’s other owner, China Resources Enterprise, might take full control and mop up smaller brewers itself.

Sep 8, 2015
via Breakingviews

Li Ka-shing’s power deal is a tidy-up too far

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Li Ka-shing’s latest restructuring effort may be a tidy-up too far. Fresh from separating out his property empire and bulking up in European telecoms, the Hong Kong tycoon wants his Cheung Kong Infrastructure unit to buy the rest of $18 billion affiliate Power Assets that it doesn’t already own. That would create a simpler, cash-rich company with lots of room to make acquisitions. But the all-share, no-premium bid doesn’t look great for Power investors.

Sep 8, 2015
via Breakingviews

Li Ka-shing’s power deal is a tidy-up too far

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Li Ka-shing’s latest restructuring effort may be a tidy-up too far. Fresh from separating out his property empire and bulking up in European telecoms, the Hong Kong tycoon wants his Cheung Kong Infrastructure unit to buy the rest of $18 billion affiliate Power Assets that it doesn’t already own. That would create a simpler, cash-rich company with lots of room to make acquisitions. But the all-share, no-premium bid doesn’t look great for Power investors.

Aug 28, 2015
via Breakingviews

With strong new backer, Olam gets what Noble needs

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Talk about peer envy. Mitsubishi Corp is backing a Singapore-listed trader with wobbly shares and an unhappy history with short sellers. The $1.1 billion vote of confidence would be just the ticket for beleaguered Noble Group. But the $29 billion Japanese outfit is actually pairing up with safer-looking Olam.

Aug 28, 2015
via Breakingviews

With strong new backer, Olam gets what Noble needs

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Talk about peer envy. Mitsubishi Corp is backing a Singapore-listed trader with wobbly shares and an unhappy history with short sellers. The $1.1 billion vote of confidence would be just the ticket for beleaguered Noble Group. But the $29 billion Japanese outfit is actually pairing up with safer-looking Olam.

Aug 27, 2015
via Breakingviews

Stock rout will blow hole in China’s deal pipeline

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Share sales, mergers and buyouts in China surged with the country’s soaring stock market. Now boom has turned to bust, dealmaking will suffer. An abrupt end to a record-breaking run of equity issuance will be most painful for domestic brokers which dominate onshore listings in the People’s Republic. A sharp slowdown in M&A also looks inevitable.

Aug 27, 2015
via Breakingviews

Stock rout will blow hole in China’s deal pipeline

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Share sales, mergers and buyouts in China surged with the country’s soaring stock market. Now boom has turned to bust, dealmaking will suffer. An abrupt end to a record-breaking run of equity issuance will be most painful for domestic brokers which dominate onshore listings in the People’s Republic. A sharp slowdown in M&A also looks inevitable.

Jul 9, 2015
via Breakingviews

Trade halts add to China’s Potemkin market problem

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Trading halts add to China’s Potemkin market problem. Boom, bust and bailout are already making it hard for outsiders to take Chinese stocks seriously. An extraordinary slew of trading halts, trapping investors in hundreds of stocks, makes things worse. Bosses and bourses are buying temporary respite at the cost of their own credibility.

Jul 9, 2015
via Breakingviews

Trade halts add to China’s Potemkin market problem

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Trading halts add to China’s Potemkin market problem. Boom, bust and bailout are already making it hard for outsiders to take Chinese stocks seriously. An extraordinary slew of trading halts, trapping investors in hundreds of stocks, makes things worse. Bosses and bourses are buying temporary respite at the cost of their own credibility.

    • About Quentin

      "Quentin Webb is an Associate Editor at Reuters Breakingviews. He covers mergers and acquisitions, corporate finance and private equity in Asia. He joined the Hong Kong bureau in May 2015 after four years in London. Before becoming a columnist, he was a news reporter for Reuters, where his last role was as European M&A correspondent. He has also worked as a correspondent in Brussels and as a credit-markets reporter. Follow Quentin on Twitter @qtwebb"
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