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
Jardine Matheson acquiring I-MED Radiology Network for A$3.4 billion
Deal will be funded through existing cash and debt
Uber explores Delivery Hero takeover to fight DoorDash globally: sources
The ride-hailing giant has been making acquisitions overseas to strengthen its position internationally
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
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
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 outbids banks on HSBC Indonesia deal by wide margin: sources
The higher offer allows OCBC to enter bilateral negotiations to finalise the deal
E-commerce giant Shein buys apparel brand Everlane: reports
The brand, known for its minimalistic, “quiet luxury” style, is a favourite of celebrities
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
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