Mergers & Acquisitions
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Malaysian wealth fund Khazanah to buy Prince Court Medical Centre from Petronas
23/3/2018 – A wholly owned subsidiary of Malaysia’s sovereign wealth fund Khazanah Nasional recently announced that it is acquiring private healthcare facility Prince Court Medical Centre (PCMC) from Petronas. The state-owned sovereign fund has signed…
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Manila Water expands to Indonesia through 20 percent stake acquisition of bulk water supplier STU
If successful, the acquisition will expand the company’s footprint in Indonesia and become the largest direct foreign investor in Vietnam’s water sector.
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Nawaplastic acquires additional stakes in Vietnam’s Binh Minh Plastic
Nawaplastic will be purchasing the stakes from the State Capital Investment Corporation (SCIC) at VND 2,3000 billion.
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Malaysia’s Cloudaron to acquire realtors8 for US$3.2 million
The transaction is expected to be completed by the second quarter of 2018.
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Creador-backed RedCap Pharmacy forms merger with BIG Pharmacy
After the merger, RedCap Pharmacy will be rebranded into BIG Pharmacy.
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Allianz to acquire Sri Lanka’s Janashakthi General Insurance in US$106 million deal
Allianz has entered into an agreement with Sri Lanka’s Janashakthi Insurance Co. PLC to acquire its subsidiary Janashakthi General Insurance Ltd.
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Vietnamese PE Mekong Capital completes exit from MobileWorld
The Vietnamese private equity firm exits MobileWorld with an IRR of 61 percent.
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PetroVietnam to divest 30% from energy subsidiary PV Gas
PetroVietnam looks to sell 30% of its stake in PV Gas to a strategic partner within the next 2 years.
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Thai Beverage firm Malee to acquire 65% stake in Vietnamese Long Quan Safe Food
Malee regional expansion continues with Vietnam acquisition.
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Singapore’s property portal 99.co to acquire Indonesian real estate platform UrbanIndo
This deal will allow 99.co to gain a bigger foothold in Southeast Asia’s most populous country.