India’s IPO market is booming. And it’s luring global companies to list local units

India’s IPO market is booming. And it’s luring global companies to list local units

Even as foreign investors remain net sellers of Indian equities this year, global companies are rushing to list their local business units in one of the world’s busiest IPO markets, lured by a valuation premium. Coca-Cola’s Indian bottling unit is reportedly weighing a billion-dollar float next year. The Indian division of South Korea’s CJ Darcl…

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Chinese firms chase Africa’s consumers as resource investments plunge 40%

Chinese firms chase Africa’s consumers as resource investments plunge 40%

A picture taken on December 8, 2014 in Abidjan shows a Chinese shoe dealer in a transaction at Adjamene’s market. Sia Kambou | Afp | Getty Images Chinese business dealings in Africa, once dominated by state-owned enterprises, are now increasingly shifting toward consumer products from the private sector. While Africa’s faster-growing economies, such as Kenya,…

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Australia’s Qube Holdings’ shares jump 20% as Macquarie proposes .5 billion takeover deal

Australia’s Qube Holdings’ shares jump 20% as Macquarie proposes $7.5 billion takeover deal

The Macquarie Group Ltd. logo at the company’s headquarters in Sydney, Australia, on Wednesday, June 18, 2025. Brent Lewin | Bloomberg | Getty Images Australia’s Qube Holdings announced on Monday that Macquarie Asset Management had submitted a non-binding proposal to acquire the logistics company at an enterprise value of 11.6 billion Australian dollars ($7.49 billion)….

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