Sembcorp to acquire wind, solar assets in China for $700 million
SINGAPORE (THE BUSINESS TIMES) – Sembcorp Industries will acquire 98 per cent interest in a portfolio of operational wind and solar photovoltaic (PV) [...]
Home »
Chubb to buy some Cigna Asia Pacific units for $7.8 billion
HONG KONG (BLOOMBERG) – Chubb will buy Cigna Corp’s life, accident and supplemental businesses in seven places for US$5.75 billion (S$7.8 billion) in [...]
Tata Sons wins bid to take over troubled state-run Air India
NEW DELHI (REUTERS, BLOOMBERG) – Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government [...]
Alibaba nears first big deal since record antitrust fine
HONG KONG (BLOOMBERG) – Alibaba Group Holding is poised to make its first major investment since it paid a record antitrust fine as [...]
Prime US Reit acquiring two office properties for $330 million
SINGAPORE (THE BUSINESS TIMES) – The manager of Prime US Reit has agreed to acquire two properties in the US for US$245.5 million [...]
GIC to take 16% stake in Malaysia's Sunway Healthcare once $243 million is drawn down
KUALA LUMPUR – Singapore’s sovereign wealth fund GIC will invest RM750 million (S$243 million) in Malaysian conglomerate Sunway’s medical unit, giving it an [...]
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 [...]
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 [...]