Mergers & Acquisitions
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Singapore’s Procurri Corporation makes US$22 million acquisition in Rockland Congruity
This acquisition makes Procurri Corporation’s US-based joint venture Rockland Congruity its wholly-owned subsidiary.
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Singapore’s Keppel acquires Australian Chemical firm Ixom from Blackstone for US$565 million
The acquisition of Ixom will allow Keppel to gain a foothold in the water treatment sector.
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Hikma Pharmaceuticals to acquire Vietnamese injectable maker Medlac
12/11/2018 – United States top sterile injectable manufacturer Hikma Pharmaceuticals has agreed to make a complete acquisition of Medlac Pharma Italy Co. Ltd based in Vietnam. Medlac is an Italian-Vietnamese joint venture founded in 2008.…
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TNG FinTech makes second acquisition, buys Indonesian payment startup WalletKu
WalletKu offers a range of digital products from prepaid mobile phones credit top up to sports ticket bookings and payments.
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Bukalapak acquihires second-hand goods marketplace Prelo
Prelo’s founder Fransiska Hadiwidjana will join Bukalapak as its head of business.
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Indonesia’s KinerjaPay to acquire Digital Payments firm Mitra Distribusi Utama
The acquisition is expected to be completed by the end of 2018, which will add more profit to KinerjaPay with a total sales of US$39 million.
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Myanmar Online Job Portal MyJobs is acquired by Swiss Media Group Ringier AG
Ringier AG said this acquisition is in line with the company’s strategy to become a well-digitized media company.
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SPi Global acquires e-knowledge center Scope to widen KPO
SPi Global is acquiring Scope e-Knowledge Center in a deal that will significantly bolster its content technology and KPO offerings.
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Tokyo Century makes 5% stake acquisition in Indonesia’s Nobu Bank
Nobu National Bank is a IDX-listed lender that operates under the influence of the conglomerate Lippo Group.
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Ballarpur Industries sells Malaysian arm Sabah Forest for US$310 million
9/4/2018 – India’s largest manufacturer of writing and printing paper has recently forged an agreement to sell its Malaysian unit Sabah Forest Industries to Pelangi Prestasi Sdn Bhd for MYR1.2 billion (about US$310 million). The…
