Week in Review: Advancing US-Indonesia Minerals Partnership, Shell and BP Seek US-EU Intervention, China and Pakistan Conduct Naval Drills
Week of 13 November
👋 Hello and welcome to this week's edition of Business Beyond Borders, brought to you by Bluente, where we highlight the most important cross-border news every week
📰 News flash around the world
US and Indonesia to discuss how to advance a potential minerals partnership to stimulate trade of electric vehicle battery metal, nickel (SCMP)
Shell and BP seek US and EU intervention in dispute with Venture Global LNG (LNG News)
Developing countries and Europe are in dispute over global tax role for UN (FT)
China and Pakistan have held naval drills after first Russia-Myanmar exercise (Nikkei)
Japan and South Korea are set to build a supply chain for hydrogen and ammonia together (Nikkei)
🌎 Business Expansion Updates
Sephora seeks to boost business expansion in India with a new partner, Reliance Retail Ventures Limited (PBN)
Hybe Corp, South Korea’s premier music label, is expanding its global footprint by entering the Latin music market (Wionews)
Beyond Meat’s struggles continue in US, and it doubles down on EU expansion (Food Navigator)
⚖️ Legal & Regulatory Updates
China’s increasingly tiered regulation of the securities sector is likely to benefit leading brokerage firms (Fitch)
🤝 Deal Highlights - Notable M&A / finance transactions
Ardian has acquired $2.1 billion private equity portfolio from CPP investments (Source)
Hilton Grand buys Bluegreen Vacations in $1.5 billion deal (Reuters)
Columbia Asia Healthcare, a private healthcare operator, will acquire Ramsay Sime Darby Health Care from Australia’s Ramsay Health Care and Malaysian conglomerate Sime Darby for $1.2 billion (BBG)
Germany is on the verge of €22 Billion Deal for Dutch-Owned Tennet Grid (BBG)
Abu Dhabi National Oil Co. has made a $2.1 billion offer to acquire a major stake in Latin America’s leading petrochemicals company, Braskem (BBG)
Learn new terms this week
Term Sheet: 条款清单 (tiáo kuǎn qīng dān)
Capitalization Table: 股权结构表 (gǔ quán jié gòu biǎo)
Due Dilligence : 尽职调查 (jìn zhí diào chá)
Let us know what topics and language interest you here!
Brought to you by Bluente: the world’s first business language services platform, where we teach business languages (CN, ID, EN) through our platform and offer document translation services where you get your translated documents in less than 2 minutes, retaining the same format of your file (Try now)