kkr is also speaking with rope's owners -- with probe's owners.could be announced next week, but negotiations could still fall apart. sources tell us merck has agreed to buy nasdaq-listed acceleron pharma. the move did not win over investors. acceleron pharma fell by 8%. the move would see merck take control of a potentially lucrative hypertension drug. shery: that is it for "daybreak australia." "daybreak asia" is next. this is bloomberg. ♪ it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services. it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. haidi: hello and welcome to "daybreak asia." sophie: we are counting down to asia's major market opens. shery: our top stories this hour -- asian traders way a week and to the u.s. trade session. the dollar hi

i think kkr reported they raised the $7 billion in the first quarter.o private equity, the attributes, i can't see why it would not happen. >> it is remarkable. >> have always known u.s. someone who will go anywhere and talk to -- i have always known you as someone who will go anywhere and talk to anyone even if it means leaving thanksgiving dinner to catch a plane. what about china? do you agree with george soros that doing business in china is no longer morally justifiable because it is tantamount to supporting totalitarian regimes? >> no. and the reason i don't agree is not that i have some -- i'm a business person. there are politicians who make that -- the amount of business people that are getting involved in these issues, because there is only one side -- the reason it is an issue is because there's two sides. china is something our government should deal with. in my world, i try to look at business as business. i think there is too much pressure, way too much focus, on business trying to get involved in issues -- most of these issues are 55-45 o

kkr is speaking with owners.d be announced in the next few weeks but negotiations could still fall apart. morgan stanley's robin xing joins us next. we will discuss the pmi outlook. this is bloomberg. ♪ baaam. internet that doesn't miss a beat. that's cute, but my internet streams to my ride. adorable, but does yours block malware? nope. -it crushes it. pshh, mine's so fast, no one can catch me. big whoop! mine gives me a 4k streaming box. -for free! that's because you all have the same internet. xfinity xfi. so powerful, it keeps one-upping itself. can your internet do that? >> the asian session -- we >> >> a mixed bag for asian stocks. fluctuations up a tent of our percent. we are seeing utilities. in -- a 10th of a percent. nikko, sing the near-term catalyst may be over for japanese stocks. we are seeing a bounce from the june low up more than 1% for the benchmark with zip shares climbing for percent on its agreement with microsoft. oil and gas players in australia are being led higher by beach energy. oil pri

i think kkr reported they raised $67 billion in the first quarter.on of capital into private equity, the attributes, i cannot see why it would not happen. >> add leverage, it is firepower of $350 billion. it is her markable. >> markets have grown. >> i have always known u.s. someone who will talk to anyone if there is business to be done even if it means catching a plane during thanksgiving dinner. what about china? do you agree with george soros that doing business in china is no longer morally justifiable because it is tantamount to supporting a totalitarian regime? >> no. the reason i don't agree is not that i have some -- i'm a business person. there are politicians -- the amount of business people that are getting involved in these issues because they think there's only one side of an issue -- look, the reason things are issues is because there are two sides to it. china is something our government should deal with. in my world, i try to look at business as business, and i think there is way too much pressure, way too much focus on business tryi

on the flipside cody shares looking pretty ugly a day after a discounted secondary offering by kkr the private equity giant selling 50 million shares, the problem is it was that more than 8% discounted yesterday's close so you have cody shares down about 11%, also getting stung by stock sales bumbles lighting for a second straight day on a secondary offering by goldman and city is down 3% and neil getting clipped by 6% the chinese maker tanking on plans for three billion-dollar share offering to help raise new funds. nio is not the only drama in chinese stocks, also getting smacked down nettie's and ten sent following a report that both gamers were summoned by government regulators in china. that's not good and what's an ongoing attack on the industry by xi jinping raising in the name of protecting the security and the mental health of minors. no more video games during the week. you will be punished if you are busted for not doing things that will prevent that. you have nettie's down 5.5%, ten sent lower by 2.6% and at home we have video retailer gamestop slightly higher ahead of its

you should be on a regular basis, you kipicked kkr a year ago, it's only up 82% since, al. >> i don'tt to brag. but last year i was in kansas city, you asked me for a prediction which i don't normally do, i'm paralysis by analysis. but i happen to love that company, i think george roberts is a fantastic ceo and i think it was $34 a share, now it's 63 bucks a share. once in a while i put on my josh brown hat and hit a home run >> speaking of, do you want to ask josh anything about your portfolio at this point? >> hey, al >> i love josh listen, i know you don't like the fact that i like the etfs on steroids, we talked about that in minneapolis a couple of years ago when i first met you look at sso, look at the s&p >> they keep working >> i know, it's supposed to be in and out in the afternoons, the day trading thing. i've had it for years. you know what, it's been pretty fantastic. josh, i'm not going to change your mind. >> you're right. >> once in a while >> you've been absolutely right. i have been wrong. but from a process standpoint, these do carry a lot more risk in a choppy marke

the stock plummeting proxy documents show, instead box opted for a $500 million capital raise through kkr to buy back stock, but starboard claimed box did this to buy the vote in a statement in response to today's results, starboard said, quote, we are certainly disappointed by the results of this election, which were heavily skewed by the voting rights tied to the preferred equity financing and the use of stockholder capital to aggressively repurchase shares ahead of the record date from stockholders likely to support change nonetheless, the stock has returned nearly double the s&p this year, though trading lower on today's news. guys >> great breakdown, leslie, and a win by knockout for aaron levie on the vote, anyway. >>> ahead of new numbers from affirm and z scaler after the bell today, we'll break down the fintech space with challenger bank vero fresh off half a billion dollar fund-raising round. that's next. and don't miss the ceo of z scaler tomorrow, following that report, here on "techcheck." stay with us [swords clashing] - had enough? - no... arthritis. here. new aspercreme ar

instead, box partnered with kkr on a special financing something star board atribted to its loss they quote, disappointed by the results of the election which were skewed it appears that starboard's settlement last month with box where three new directors joined the board, diluted it this time around >> the share price there since the original agreement with starboard, the stock's done incredibly well. small even though it feels big on a one-day move. >> greatpoint. it's up almost 100% since they had the settlement in march of 2020 so clearly, shareholders don't have too much to complain about. that kind of diluted their argument for the need for a board refreshment so soon after they had that most recent settlement of course today, moving down 7%, it's something you would expect to sell the news it's not uncommon, especially as you see a run up in the stock and lead up to the actual vote itself >> that's it thanks so much president biden set to speak at the top of the hour. we'll break down the key topics on the agenda and how it could impact the broader economy that's up next plus,

independent nominees to the board, but things got a little dicey after they did a capital raise that involved kkrew months ago and now based on a person familiar with the matter, box seems to have been successful here. carl >> leslie, thank you for that. good update, leslie picker we have a big show coming up on "techcheck" in the next hour including the commissioner of the nfl, roger goodell also the ceos of microsoft, linkedin, verizon and logictech coming up at the top of the hour we finally found the perfect house. yeah, we couldn't believe the deal we got. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought... (sfx: airplane grounded outside the house) at least geico makes bundling our home and car insurance easy. saving us so much money. -hi. -how was your flight? -good. -good. morning, ted. for bundling made easy, go to geico.com. i think you're going to like it here. umm, why is everyone... throwing things at me? look, as cfo it's my job to be ready for whatever's next. that's why i have my finance team, randomly hurl things at me. it's