IFR Magazine – January 20, 2018

(Grace) #1
For daily news stories
@ visit http://www.ifre.com

Apollo falls short 08 Stronger pound prompts M&A loan spree 10 China bank tackles Aussie LBO 11


SoftBank mulls


mega telecoms float


„ Equities IPO could be biggest in Japan in nearly two decades

BY FIONA LAU

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CONSIDERINGûLISTINGûITSûLOCALû
TELECOMSûBUSINESS
!CCORDINGûTOû*APANESEûBUSINESSû
DAILYû.IKKEI ûSOFTBANK CORP, the
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transformation into one of the
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HIGHûDEBTûLEVELS
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these are getting more serious
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smartphone maker Xiaomi,
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COMPANYûATûUPûTOû53BN

LOGICAL MOVE
Market participants reckon it is a
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SoftBank set up with others to
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step too far for a CDS market
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Determinations Committee,
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TOûJUDGEûMOTIVE ûSOMETHINGûITûISû
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through a change in the [ISDA]
DElNITIONSûTAKESûAûVERYûLONGû
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MANYûINTERESTEDûPARTIES vûSAIDû
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