JPMorgan Chase & Co. ended plans to manage China Everbright Bank Co.’s Hong Kong share sale amid a U.S. investigation into the Wall Street firm’s hiring practices in China, two people with knowledge of the matter said.
Taiwanese tycoon Richard Tsai and Chinese financier Xiao Jianhua are in talks to help fund a $4.2 billion bid for American International Group Inc.’s aircraft- leasing unit, three people with knowledge of the matter said.
Blackstone Group LP, the world’s biggest manager of alternative assets including private equity and real estate, agreed to buy a 40 percent stake in Chinese shopping mall developer and operator SCP Co.
KKR & Co., the private-equity firm run by Henry Kravis and George Roberts, agreed to buy a stake in Weststar Aviation Services Sdn. for 642 million ringgit ($200 million), marking the firm’s first investment in Malaysia.