Business
RBI okays Bain Capital's 41.7% stake acquisition in Manappuram Finance
Gold loan financier Manappuram Finance on Saturday said it has received final approval from the Reserve Bank of India (RBI) for the…
Tag
Acquisition
Politics
Trump hits 8 European countries with 10% tariff for not backing U.S. acquisition of Greenland
President Trump said Saturday on social media that he would impose a 10% import tax on eight European countries until "a Deal is reached…
Business
Acquisition will be completed in second half of 2026 and make SUTL Enterprise the largest owner-operator of integrated marinas in Singapore
Acquisition will be completed in second half of 2026, making SUTL Enterprise the largest owner-operator of integrated marinas in Singapore…
Business
BNP Paribas completes 5.1 billion-euro acquisition of AXA Investment Managers
The acquisition allows BNP to manage long-term savings for insurers and pension funds with around 850 billion euros in assets Paribas said…
Business
CCCS okays Tamarind Health’s proposed acquisition of TalkMed
The Competition and Consumer Commission of Singapore (CCCS) has cleared Tamarind Health’s proposed acquisition of tertiary healthcare…
Business
Grab denies reports of US$7 billion GoTo acquisition
SOUTHEAST Singapore-based ride-hailing and delivery company Grab said on Monday it was not in any talks on a potential deal with smaller…
Business
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance…
Business
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from…
Business
Navigating M&A Success: Mastering Due Diligence in Every Acquisition
Are you currently about to embark on a merger or acquisition journey? Congratulations! It’s a thrilling ride that can shape the future of…
Business
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and…
Business
Charlie Javice Found Guilty of Defrauding JPMorgan in $175 Million Acquisition
Charlie Javice, who made big headlines in 2023 when JPMorgan Chase accused her of faking her start-up’s customer list, was found guilty in…
Business
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company…
Business
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover…
Business
Great Eastern’s Malaysian units terminate proposed acquisition of AmMetLife
The four parties were initially expected to sign agreements for the distribution of life insurance and family takaful products, a type of…
Business
Sembcorp to enter the Philippines renewable energy market via acquisition
The proposed deal’s total consideration is about S$105 million and is expected to be completed in H2 2025 SEMBCORP Industries announced in…
Business
Nvidia closes US$700 million Run:ai acquisition after regulatory hurdles
CHIPMAKER Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday (Dec 30), following antitrust…
Business
Nippon Life’s US$12 billion acquisition spree is just beginning
NIPPON Life Insurance has done more than US$12 billion of deals this month alone. Japan’s biggest insurer is not finished yet. Having…
Business
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm Income…
Business
Panin Bank acquisition could add 2-3% to DBS’ or OCBC’s profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Business
Panin Bank acquisition could add 2-3% to DBS or OCBC profit: RHB
Broker notes that a sale is attractive, given the scarcity of such deals and Jakarta-listed bank’s status as a mid-sized lender with total…
Politics
Romania is increasing its ammunition acquisition and calling on NATO to react to Russian incursions as Ukraine war lingers on its doorstep
Romania is urging NATO to react to Russian missile and drone incursions into its airspace. The Romanian Defense Minister called for a…