Mergers & Acquisitions
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TNB completes acquisition of major solar power portfolio Vortex Solar in Britain
The acquisition has a total enterprise value of circa GBP 470 million.
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Star Media Group gains board’s approval for stake sale in Cityneon
With the approval, Star Media Group Bhd will sell its entire 52.2 percent stake in the service idea agency.
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Jollibee gains control over SuperFoods Group ahead of Vietnam IPO
Philippine’s homegrown fast food giant Jollibee Foods Corp (JFC) said on Thursday that its subsidiary JSF Investments Pte. Ltd has hiked its stakes in SuperFoods Group to 60 percent. The 10 percent increase from its…
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Actis makes mandatory takeover offer for remaining GHL shares
GHL Systems minority shareholders are advised to reject Actis’s takeover offer.
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PUC Founder acquires IT business solution Enovax at US$1.43 million
PUC Founder is acquiring Enovax, a Singapore-based IT business solution provider in order to further develop the company’s core businesses.
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SPH enters healthcare sector with acquisition of Orange Valley Healthcare at US$117 million
The media and property group says the deal is its first step towards building a third business leg in the healthcare business.
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World’s biggest kebab chain Baba Rafi in talks to divest large stake
Kebab Turki Baba Rafi (KTBR) has more than 1300 outlets across nine countries.
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123RF acquires mobile photo editor Pixlr to create a holistic creative environment
123RF will be able to offer more photo tools in its creative suite, in addition to securing 50 million monthly active users with the acquisition of Pixlr.
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Daiwa to acquire 14.9 percent stake in stockbroker COL Financial
Japanese Daiwa Securities Group, Inc. is acquiring a stake in COL Financial Group, Inc.
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Shinhan Bank to acquire ANZ’s retail business in Vietnam
ANZ has finally gained exit of its Vietnamese retail business, selling it off to Shinhan Bank Vietnam, a Korean financial services group.