Asian buyout firm Affinity Equity Partners is likely to sell its hospital in Malaysia to IHH Healthcare in a deal that could value the asset at over $900 million, people familiar with the process said.
Germany plans to reduce a stake it built in Commerzbank during the financial crisis of 2008 currently valued at about $2.8 billion, after a rally in the bank’s shares.
Denmark’s 2.25% November 2033-dated government bond, one of the two bonds at auction on Wednesday, remains the sweet spot on the Danish curve, Nordea said.
Asian chip stocks took a hit on Wednesday as markets were unnerved by artificial-intelligence chip giant Nvidia’s slump overnight and renewed fears of an economic slowdown.
