Acquisition
Indonesia’s Widjaja family’s Sinarmas Land offer wins 90% acceptance, triggering compulsory acquisition
[SINGAPORE] Lyon Investments – controlled by the Widjaja family, one of Indonesia’s wealthiest clans – has crossed the 90 per cent acceptance threshold in its offer for Singapore-listed Sinarmas...
FCT to draw on additional debt financing to fund Northpoint City acquisition
[SINGAPORE] The acquisition of Northpoint City’s south wing may be financed either with or without the issuance of perpetual securities, said the manager of Frasers Centrepoint Trust (FCT) in...
GXS’ acquisition of Validus’ Singapore business a sign of market validation
[SINGAPORE] The recent acquisition of small and medium enterprise (SME) lender Validus’ Singapore business is a sign of market consolidation and validation in South-east Asia.
To recap, GXS Bank acquired...
Keppel Infrastructure Trust posts 27.7% higher Q1 distributable income of S$65 million ahead of GMG acquisition
[SINGAPORE] Keppel Infrastructure Trust (KIT) on Tuesday (Apr 22) reported a jump in distributable income of 27.7 per cent to S$65 million, from S$50.9 million in the previous corresponding...
M&A Process: Mastering Due Diligence in Every Acquisition
Are you currently about to embark on a merger or acquisition journey? Congratulations! It’s a thrilling ride that can shape the future of your business. But hold your horses...
Panin Bank a good fit for DBS’ Indonesia operations; Singapore bank’s surplus capital can fund potential acquisition
[SINGAPORE] A potential acquisition of Indonesia’s Panin Bank could benefit from DBS’ strong track record of turning around unprofitable targets, and is a good place for South-east Asia’s biggest...
GIC, Silver Lake complete US$1.7 billion acquisition of billing software firm Zuora
A GIC affiliate and global technology investor Silver Lake have completed their US$1.7 billion acquisition of US-billing software company Zuora.Shareholders of the Silicon Valley-based firm approved the all-cash deal...
Bain Capital ends acquisition battle with KKR for Fuji Soft
US private equity firm Bain Capital said on Monday (Feb 17) it will not launch a tender offer for Fuji Soft, formally ending a takeover battle with rival KKR...