M&A
What Singapore needs is not more Reits, but bigger ones: ARA co-founder John Lim
The local market must move towards consolidation and aggressive global expansion, says the industry veteran
Estee Lauder in talks to buy Spain’s Puig to create beauty giant
Puig has also been undergoing big changes, recently announcing a new CEO
Sony nears US$1 billion home entertainment deal with TCL: sources
The new joint venture will begin operations in April 2027
Berkshire Hathaway to invest 287.4 billion yen in Tokio Marine
The two companies will collaborate on reinsurance and global investments including mergers and acquisitions
Grab to buy foodpanda’s Taiwan business for US$600 million
The deal marks Grab’s entry into its first market outside South-east Asia
Valuation dips for financial service M&As in S-E Asia despite more deals and global surge in ‘megadeals’: EY
The fall in deal value signals a strategic move towards smaller acquisitions and minority investments
Savvy to buy ByteDance studio Moonton for US$6 billion
Saudi Arabia is working to become a global destination for gamers
AvePoint eyes US$100 million in acquisitions to fast-track US$1 billion revenue target
The data protection firm is also considering more stock buybacks and expanding its headcount
Unilever in talks to separate food business and combine it with McCormick: WSJ
It has sold off other food assets over the last decade
Analysts in favour of IJM investors accepting Sunway’s offer, even as adviser says reject
The independent adviser values IJM at RM5.48 to RM6.48 a share, above Sunway’s RM3.15 offer