M&A

BHP is stuck on the sidelines of copper M&A frenzy it started

The company’s CEO is also nearing the end of his tenure, potentially hindering the negotiation of a transformational deal

The financing is expected to come in the form of high-yield bonds, possibly floating-rate notes, in line with Golden Goose’s previous debt.

Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt

Temasek Holdings will take a minority stake in the Italian high-end sneaker producer

An entity linked to The Elegant Group reportedly bought The Clementi Mall for S$809 million last year.

Competition watchdog not yet notified of Clementi Mall sale, CapitaLand-Mapletree merger

Informing the authority in such cases is voluntary, but CCS will monitor both developments, says minister

Beijing’s swift scrutiny reflects worries that Manus’ high-profile sale might prompt more of the country’s tech stars to chase the same path.

Beijing looms large over Singapore-based Manus’ deal with Meta

The swift scrutiny shows fears Manus’ sale could spur more tech stars to follow the same path

Rio Tinto Group and Glencore have been discussing a potential combination of some or all of their businesses including an all-share takeover,

Glencore and Rio Tinto in talks to form world’s biggest miner

Both companies own some of the best copper mines in the world

Blackstone is merging MPS, which manufactures parts for the electrical grid, with Power Grid Components, a supplier it acquired in 2023.

Blackstone eyes US$2.6 billion of debt to finance power merger

Electricity demand is soaring globally as the data centres needed for Big Tech’s artificial intelligence objectives put pressure on power grids

Puma’s new CEO Arthur Hoeld set out his turnaround strategy in October after sneaker releases like the Speedcat failed to generate the hype executives hoped for.

China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources

The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands

Founded in 1933, Hang Seng is one of Hong Kong’s largest banks, serving about four million customers through digital platforms and more than 250 branches across the city.

Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal

Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed

Acquisitions have been part of DBS’ growth strategy.

DBS lays groundwork for significant risk transfers: sources

South-east Asia’s largest bank held preliminary talks with funds investing in SRTs

Nvidia's US$20 billion “non-exclusive licensing arrangement” with Groq sounds like an outright purchase, but is more of a backdoor acquisition aimed at dodging an antitrust review, says the writer.

How Silicon Valley will eat its AI competitors in 2026

A loss of confidence in AI could lead to a fire-sale for startups and accelerate consolidation among Big Tech