Business
Sats proposes sale of 49% stake in holding company to Swiss airline caterer for 4.2 million euros
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Tag
stake
Business
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing…
Fashion
Prada Group Bolsters Vertical Integration with Strategic Stake in Rino Mastrotto Group
MILAN – Prada Group continues to invest in Italy’s pipeline and in the company’s vertical integration. On Thursday, the Italian luxury…
Business
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Mainboard-listed media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics…
Business
Tencent Music buys SM Entertainment stake in K-pop bet
A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare…
Business
SKP Beijing to Sell 42 to 45 Percent Stake to Boyu Capital
SKP Beijing, China‘s top-grossing luxury department store operator, is slated to sell around 42 to 45 percent of the company to Boyu…
Business
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Sumitomo Mitsui…
Business
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51…
Business
Straco chair Wu Hsioh Kwang elevates his stake
[singapore] Over the four trading sessions from Apr 25 to 30, institutions were net buyers of Singapore stocks, with net institutional…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Unsorted
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge of the matter…
Business
Institutions net buying, Stephen Riady ups OUE stake
[singapore] Over the four trading sessions from Apr 11 to 16, institutions were net buyers of Singapore stocks, with net institutional…
Business
Italian Sustainable Shoe Brand and Consultancy ACBC Sells Majority Stake to Swiss Fund
MILAN — Italian sustainable shoe brand and consultancy ACBC — known for its modular sneakers engineered with a zipper system that ties…
Celebrity
Prince Harry's 'Life is at Stake,' Lawyer Warns
Britain's Home Office has ruled against giving Prince Harry the highest level of security protection when he is in the United Kingdom…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec City – the…
Business
Temasek, GIC are said to buy Novotech stake in deal with TPG
Temasek and GIC will acquire a significant stake in Novotech to fuel growth and accelerate acquisitions for the clinical research and…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
Blackstone mulls small stake in US TikTok spinoff: sources
[Los Angeles] Private equity firm Blackstone is evaluating making a small minority investment in TikTok’s US operations, according to two…
Business
DBS leading race to buy controlling stake in Indonesia's Panin Bank
DBS Group, South-east Asia’s top bank by assets, is the frontrunner to buy a controlling stake in Indonesia’s Panin Bank, three people…
Business
Alanui’s Cofounders Buy Back Stake in the Brand From New Guards Group
MILAN— Changes are ahead for another brand in New Guards Group’s stable. After Bluestar Alliance’s acquisitions of Off-White and Palm…
Business
EXCLUSIVE: Giuseppe Zanotti Buys Back Minority Stake From L Catterton
MILAN — Giuseppe Zanotti has bought back the minority stake in his namesake brand from investment fund L Catterton. The acquisition takes…