CapitaLand to acquire its first hyperscale data centre campus in China for $757.7 million
SINGAPORE (THE BUSINESS TIMES) – CapitaLand said on Wednesday (April 28) that it will be investing 3.66 billion yuan (S$757.7 million) to acquire [...]
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Spac boom faces new threat with US accounting crackdown
NEW YORK (BLOOMBERG) – US regulators are throwing another wrench into Wall Street’s Spac machine by cracking down on how accounting rules apply [...]
Jardine Strategic acquisition to go ahead; resolution passed at special general meeting
SINGAPORE (THE BUSINESS TIMES) – Jardine Matheson’s acquisition of Jardine Strategic will proceed as planned, following approval by shareholders of Jardine Strategic at [...]
M&A deals boom in hottest first-quarter start for two decades
NEW YORK (BLOOMBERG) – Dealmaking came roaring back in the first quarter, climbing to a record US$1.1 trillion (S$1.48 trillion) as big acquirers [...]
GIC partners Chinese asset manager for Philips' home appliances bid: Sources
LONDON (REUTERS) – Singapore’s sovereign wealth fund GIC has teamed up with Chinese asset manager CDH Investments to submit a joint offer for [...]
Sea acquires Indonesian bank to gain fintech foothold
SINGAPORE • Singapore’s Sea, the tech start-up that has become South-east Asia’s most valuable company, has acquired Indonesia’s Bank Kesejahteraan Ekonomi, according to [...]
SGX CEO: Bourse always open to opportunities
The Singapore Exchange (SGX) will continue to look for acquisition targets that help it achieve its goal of becoming a multi-asset bourse. “We [...]
LSE in talks to sell Milan stock exchange to Euronext
LONDON (REUTERS) – London Stock Exchange entered exclusive talks on Friday (Sept 18) to sell Borsa Italiana to Euronext, with the French operator [...]
British insurer Aviva to sell Singapore business for $2.7 billion
SINGAPORE (THE BUSINESS TIMES) – Homegrown insurer Singapore Life (Singlife) intends to merge with Aviva Singapore in a deal valued at S$3.2 billion, [...]
Tencent offers US$2.1b for Chinese search giant Sogou
BEIJING (BLOOMBERG) – Tencent Holdings has offered to buy out and take private search engine Sogou Inc in a US$2.1 billion (S$2.9 billion) [...]