Business
EXCLUSIVE: Belle Brands, Part of Windsong Global, Acquires Versed
Versed, the skin care and makeup line founded in 2019 by serial entrepreneur and investor Katherine Power, has a new owner. Belle Brands,…
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Acquires
Business
Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million
The aim is to develop and operate a purpose-built workers accommodation on the site A wholly owned subsidiary of property player Centurion…
Business
Musk’s SpaceX acquires xAI
This brings Musk’s rockets, Starlink satellites, the X social media platform and Grok AI chatbot all under one roof Musk’s space firm…
Business
Ho Bee Land acquires Queensland development site for A$318.5 million
Ho Bee Land acquired a development site in Queensland, Australia for A$318.5 million as the group moved to expand its long-term land bank…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Centre for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
Business
United Hampshire US Reit acquires Wallingford Fair Shopping Center for US$21.4 million
The price of the freehold property is 8.2% lower than an independent valuation of US$23.3 million The manager of United Hampshire US Real…
Business
Meta acquires Singapore-based startup Manus to bolster AI business
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to…
Business
Sembcorp acquires Indian solar power project for S$246 million
Sembcorp’s gross renewable energy capacity installed and under development in India has now climbed to over 7.6 GW Sembcorp Industries on…
Business
Mapletree acquires logistics facility in the Netherlands
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries Mapletree…
Business
Mapletree acquires logistics facility in the Netherlands for 32.3 million euros
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries Mapletree…
Business
GlobalFoundries acquires Singapore semiconductor firm in push to expand AI portfolio
Advanced Micro Foundry specialises in silicon photonics, a technology that allows for faster and more efficient data transmission The New…
Business
Buffett acquires US$4.9 billion stake in Google parent Alphabet
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further…
Business
Ho Bee Land acquires five Australian residential sites for A$96.6 million
The developments will be financed by the company’s internal funds and bank borrowings. Ho Bee Land has acquired five residential…
Business
Lendlease Reit acquires remaining 70% of PLQ Mall for S$246.8 million
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
Lendlease Reit acquires 70% of PLQ Mall
Deal will be financed by proposed private placement of units priced at S$0.597 to S$0.616 each The manager of Lendlease Global Commercial…
Business
XDC Ventures Acquires Contour Network, Launches Stablecoin Lab to Redefine Cross-Border Finance
In a significant move for institutional blockchain adoption globally, XDC Ventures, the investment arm of XDC Network has recently…
Business
Trafigura acquires warehousing firm Grafton’s Singapore business
Trafigura Group has acquired a metals warehousing firm with sizable operations in Singapore, as a mountain of surplus inventory in the…
Business
Centurion Corp acquires London site for S$71 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Centurion Corp acquires London site for £41 million to develop student housing
Acquisition marks Centurion’s entry into London, the sixth city within its UK portfolio Mainboard-listed Centurion Corp has acquired a…
Business
Keppel DC Reit acquires Tokyo data centre for 82.1 billion yen, launches preferential offering to raise S$404.5 million
The new, freehold facility is contracted to a leading global hyperscaler for 15 years The manager of Keppel DC Reit on Monday (Sep 22)…
Business
Tencent-backed Airwallex acquires OpenPay to harness its billing capabilities
Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment…
Business
Tencent-backed Airwallex acquires OpenPay, in a move that pits it against Stripe Billing
Fintech company Airwallex has acquired OpenPay, a San Francisco-based billing platform that provides subscription management, payment…
Business
Keppel DC Reit acquires remaining stake in 2 data centres from sponsor Keppel for S$8.4 million
The manager of Keppel DC Real Estate Investment Trust (Reit) has acquired the remaining 51 per cent interest in two artificial…
Business
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million),…