Business
Nvidia sells off stake in Arm, a company it once tried to buy
The world’s most valuable company has become a major investor across the technology industry Nvidia sold off the last of its stake in Arm…
Tag
sells
Business
Lanvin Group Sells Caruso
MILAN – Caruso’s ownership is returning to Italy. The brand’s chief executive officer Marco Angeloni said on Friday that Lanvin Group has…
Unsorted
Japan’s Kirin sells Four Roses bourbon as US whisky market cools
Concerns over the impact of US President Donald Trump’s tariffs also continue to weigh on the sector Japanese brewer Kirin Holdings said…
Business
KKR sells Goodpack back to founding Lam family: source
Reusable bulk container provider Goodpack has switched hands once again, with KKR selling its stake back to the founding Lam family in a…
Business
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg…
Business
Nam Cheong sells vessel for US$20.5 million to Vietnam firm
The sale is expected to contribute positively to the group’s earnings for the financial year ending 2025 Malaysian offshore support vessel…
Business
ESR-Reit sells eight Singapore assets to Brookfield for S$338 million; sale would trim distribution
Divestment part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR-Reit on Monday…
Business
ESR-Reit sells 8 Singapore assets to Brookfield for S$338 million; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR-Reit on Monday…
Business
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR Real Estate…
Business
MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell…
Business
MPACT sells Festival Walk Tower for close to HK$2 billion
The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary Festival Walk Ltd will sell…
Business
Raffles Education sells corporate building for S$121.8 million
The property at 51 Merchant Road is being sold at about 78% over book value to an unnamed real estate player Raffles Education has sold…
Business
Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain
Four-storey commercial building with conserved buildings and basement car parks sold for about 78% over book value Raffles Education has…
Business
CDL sells 14 billion yen Osaka hotel to Blackstone-managed real estate funds
The proposed divestment aligns with the real estate company’s capital recycling and portfolio optimisation efforts City Developments…
Business
CDL sells US$143.5 million Silicon Valley residential asset
Part of the group’s capital recycling and portfolio management, the sale allows it to lower gearing and redeploy capital City Developments…
Business
ST Engineering sells 49% stake in Shanghai MRO JV to China Eastern Airlines for 680.5 million yuan
The move will yield a one-off gain of around S$48.1 million, based on the S$60.2 million carrying value for Starco ST Engineering has…
Business
Singtel unit sells 0.8% stake in Bharti Airtel for about S$1.5 billion, booking estimated S$1.1 billion gain
The sale reduces Singtel’s effective stake in Bharti Airtel from 28.3 per cent to 27.5 per cent Singtel has unlocked S$1.5 billion from…
Business
Nissan sells Yokohama headquarters for 97 billion yen as part of restructuring
Nissan Motor said on Thursday it has concluded a 97 billion yen (S$840 million) trust beneficiary rights transfer agreement to sell and…
Business
Qatar Airways sells entire Cathay Pacific stake for US$897 million
The Middle Eastern airline has pursued a strategy of investing in airlines worldwide to strengthen its competitive position State-owned…
Business
Yangzijiang Shipbuilding tumbles 5% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
Yangzijiang Shipbuilding falls 2.9% after BlackRock sells 37.8 million shares
Shares of Yangzijiang Shipbuilding fell as much as 5 per cent on Wednesday (Nov 5) after asset manager BlackRock ceased to be a…
Business
UBS sells US$3.25 billion in first deal since AT1 ruling
UBS Group sold its first bonds since a court decision raised questions about the Swiss lender’s possible exposure to previously cancelled…
Business
Starbucks sells 60% stake in China unit to Boyu for US$4 billion
Starbucks is selling a majority stake in its China unit to private equity firm Boyu Capital for US$4 billion to help accelerate its…
Business
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated…