Leadership
Adani Group in talks to buy Heidelberg’s Indian cement operations
The Adani Group is in talks to buy the Indian cement operations of Germany’s Heidelberg Materials in a deal that could be worth about US$1.2 billion, the Economic Times...
Wine maker Duckhorn to be acquired by Butterfly Equity in US$1.95 billion deal
PREMIER luxury wine maker Duckhorn Portfolio said on Monday (Oct 7) it would be taken private by Butterfly Equity in an all-cash deal worth US$1.95 billion.
Private equity firm Butterfly...
China’s brokers skip holidays to staff up for ‘hectic’ reopening
BROKERAGES and stock exchanges in China are gearing up for a frantic on Tuesday (Oct 8) when onshore markets reopen after a week-long holiday, with optimism running high that...
OUE Healthcare unit signs alliance agreement with Shanghai hospital
Under the accord, the two hospitals will have a ‘two-way green channel access’ for patientsCATALIST-LISTED OUE Healthcare, through its joint venture hospital in Changshu, China, has signed a healthcare...
Shell sees strong natural-gas production in third quarter
SHELL saw continued strong performance from its natural gas and upstream businesses in the third quarter, even as oil-refining margins declined and it expects to lose money in chemicals.
Integrated...
Segantii gives up Hong Kong office amid insider dealing charge
Segantii Capital Management, the hedge fund firm at the centre of an insider trading case, has left its 12,000-square-foot office in Hong Kong, said people familiar with the matter.The...
Sliver of hope for Singapore IPO market as karaoke chain, interior decoration firm mull Catalist listings
SINGAPORE’S barren spell for initial public offerings (IPOs) could come to an end, as two companies in late September lodged their preliminary offer documents for listing on the Catalist...
Bank Indonesia says it’s ready to intervene after rupiah slump
INDONESIA’S central bank said it’s ready to step in to support the rupiah that’s in its longest losing streak since 2023.Bank Indonesia (BI) is prepared to intervene in the...
