M&A

BlackRock ‘sees merit’ in more large-scale mining M&A

Major investments in supply are needed as commodity demand speeds up, says portfolio manager Olivia Markham

Uber on May 18 disclosed it had boosted its stake in Frankfurt-listed Delivery Hero.

Uber explores Delivery Hero takeover to fight DoorDash globally: sources

The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally

Tuas Ltd says that Simba continues to cooperate with IMDA's investigation into the alleged spectrum breaches by the telco.

Keppel, Tuas confirm M1-Simba deal dead in the water

This comes after conditions for the transaction were not met by the extended long-stop date

Simba triggered a race to the bottom when it entered the market with aggressive price-war tactics.
HOCK LOCK SIEW

Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream

A rollback to a three-player market is inevitable; the tragedy is how difficult the exit has become

"“This gives the healthcare sector the reason to be the most defensive sector," said Wei Fu, chief executive of CBC.

London’s Global Healthcare Opportunities and Singapore-based CBC Group to merge creating investment giant: FT 

The merger is expected to create a US$21 billion investor employing more than 200 professionals globally 

OCBC agreed to acquire the HSBC assets earlier this month to deepen its presence in Indonesia.

OCBC outbids banks on HSBC Indonesia deal by wide margin: sources

The higher offer allows OCBC to enter bilateral negotiations to finalise the deal

Companies that thrived during the online shopping boom have since struggled to sustain growth as consumer demand cooled.

E-commerce giant Shein buys apparel brand Everlane: reports

The brand, known for its minimalistic, “quiet luxury” style, is a favourite of celebrities

India’s move to allow full foreign ownership in its insurance industry cleared the way for Prudential to deepen its footprint in the country.

Prudential to buy majority stake in Bharti Life for 35 billion rupees

An additional consideration of up to seven billion rupees may be payable upon completion of the deal

The bank has previously guided that Sergio Ermotti will remain CEO at least until early next year.

UBS CEO Sergio Ermotti sees acquisition as an option for US growth

The bank has been working for years to turn around its wealth business in America