Business
Aims Apac Reit to acquire two industrial buildings in Aljunied for S$56.7 million
Aims Apac Reit is proposing to acquire an industrial property – comprising two buildings – in the Aljunied area for around S$56.7 million,…
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Acquire
Business
Geo Energy to acquire 51% stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy is proposing to acquire 51 per cent stakes in two Indonesian shipping companies for a US$127.5 million…
Business
Temasek unit, Nexus ink deal to acquire stakes in Post Advisory
Post Advisory Group has reached a deal with Nexus Capital Management and a Temasek Holdings subsidiary that will reshape the ownership…
Business
First Resources to acquire remaining shares of Indonesia-listed Austindo Nusantara Jaya it does not own
First Resources will buy the remaining shares of Austindo Nusantara Jaya after its acquisition of a 91.2 per cent stake in the…
Business
UOL to acquire student accommodation property in UK for £43.5 million
Property developer UOL is acquiring a complex of student residential halls from the University of Brighton in the United Kingdom for £43.5…
Business
Temasek-backed entity to acquire 16% stake in Ayala’s healthcare arm
Health, the healthcare arm of the Philippines’ oldest conglomerate Ayala, said on Monday (Aug 11) that a private equity firm backed by…
Business
Tai Sin Electric to acquire 25% stake in charging station contractor
Its subsidiary Lim Kim Hai Electric has subscribed for 333,333 new ordinary shares of EV Mobility for S$1.5 million Power distribution…
Business
China’s JD.com to acquire German electronics retailer Ceconomy for 2.2 billion euros
[DUESSELDORF, Germany] JD.com is set to acquire German electronics retailer Ceconomy in a 2.2-billion-euro (S$3.3-billion) deal at 4.60…
Business
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid up front, and US$50 million to be paid subject to the achievement of technical…
Business
Wilmar to acquire up to 20% of Mumbai-listed joint venture with Adani
Agri-specialist Wilmar International has agreed to acquire up to 20 per cent of the shares held by India’s Adani Commodities in the two…
Business
Couche-Tard abandons 6.8 trillion yen bid to acquire Seven & i
Canada’s Alimentation Couche-Tard has abandoned its 6.8 trillion yen (S$59 billion) bid to buy Seven & i Holdings, saying the Japanese…
Business
Nanofilm to acquire remaining stake of Sydrogen from Temasek for S$15 million
Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from…
Business
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from…
Business
Torrent to acquire KKR’s stake in JB Pharma for US$1.4 billion
Torrent Pharmaceuticals agreed to take a controlling stake in JB Chemicals & Pharmaceuticals from private equity firm KKR, the latest sign…
Business
China’s Zijin Mining to acquire Kazakh gold mine in US$1.2 billion deal
A’S biggest gold and copper producer Zijin Mining said on Monday it had agreed to buy one of the largest gold mines of Kazakhstan, the…
Business
Civmec to acquire ship manufacturer Luerssen Australia for A$20 million
The aim of the deal is to solidify Australia’s sovereign shipbuilding capability Australian construction engineering company Civmec will…
Business
Civmec set to acquire ship manufacturer Luerssen Australia for A$20 million
Construction and engineering services provider Civmec will purchase Luerssen Australia from Naval Vessels Lurssen (NVL) Australia for A$20…
Business
Apple to Acquire Perplexity AI? iPhone Maker Reportedly Eyeing Major Leap Ahead
Apple is said to be mulling over the possibility of acquiring Perplexity, an AI startup behind AI forays into search tools and chatbot…
Business
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional…
Business
Singapore Plans to Acquire 2 Malaysian-Owned Land Plots for Woodlands Checkpoint Expansion
The Singapore Land Authority (SLA) announced the acquisition of two land parcels on Wednesday, Jun 4, for the refurbishment and extension…
Business
Salesforce to acquire Informatica for $8 billion in latest AI push
Software company Salesforce said Tuesday it’s buying Informatica, which provides businesses with artificial-intelligence-powered data…
Business
Salesforce is back in talks to acquire Informatica
Salesforce is in talks to acquire software company Informatica, rebooting a pursuit that fell through last year, sources familiar with the…
Business
Grab looks to strike a deal to acquire Indonesia’s GoTo in Q2: sources
[SINGAPORE,HONG KONG] US-listed ride-hailing and food delivery firm Grab is looking to strike a deal to take over smaller Indonesian rival…
Business
Japan’s E-commerce Group Zozo to Acquire Lyst for $154 Million
LONDON – Lyst, the London-based shopping platform, said Wednesday it has entered into a definitive agreement to be acquired by Zozo, Inc.,…