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Deals Headlines

StanChart-backed China Bohai Bank seeks market listing

China Bohai Bank Co [BOHAI.UL], one of the country's 12 national joint-stock banks, is preparing for an initial public offering (IPO), Chairman Li Fuan said on Tuesday at the World Economic Forum in the northeastern city of Dalian.

U.S. activist presses for 'bold action' at Nestle

U.S. activist shareholder Third Point LLC has targeted Nestle by taking a $3.5 billion stake in the food maker and urging Europe's most valuable company to boost returns as demand for its products weakens.