Companies

The Hong Kong-headquartered Asian life insurer, backed by billionaire Richard Li, has made several similar filings in recent years without triggering an IPO.

The Japanese giant will make cost savings of ¥500bn and reduce its workforce by 20,000, and its number of plants from 17 to 10 by FY 2027, after a net loss of ¥670.9bn in FY 2024.

$400m has been allocated to support Digital Halo, which has assets in the Philippines and Malaysia; the Swiss PE firm is also expanding its data centre footprint in Australia.

The SAR's stock exchange is enjoying a boom from Chinese firms looking to expand and tap more investors; the local economy also grew by 3.1% in the first quarter.

The M&A lawyer joins the US law firm's private equity practice from Freshfields; Perks will also have a regular presence in Tokyo.

The joint venture Al-Futtaim Willis has been in operation for five decades and is based in Dubai and Bahrain; after securing a reinsurance broking license in Saudi Arabia, WTW is continuing its expansion in the region.

A new loan for the Chinese conglomerate included a greenshoe option and involved Chinese and international banks.

The hire of Alun Evans from A&O Shearman will strengthen advising capabilities targeting private funds’ local market transactions.

The Swedish firm has said that it is no longer providing financial guidance for 2025 and 2026, with job losses expected across its global workforce.