Acquisition
Brokers’ take: Maybank downgrades ComfortDelGro to ‘hold’ on acquisition doubts
MAYBANK Securities has downgraded its call on ComfortDelGro to a contrarian “hold”, with a lower price target of S$1.60, from S$1.65 previously.This comes even after the land transport operator...
Sequoia to rake in more than US$100 million from crypto acquisition
VENTURE capital (VC) firms are set to make hundreds of millions of US dollars from Stripe’s acquisition of crypto platform Bridge for US$1.1 billion in cash and stock, according...
Failed Income acquisition: Allianz shareholders may baulk at taking on social mission: Lawyer
They say the state is right to focus on Income’s social mission, and do not believe the blocked deal will put a chill on the insurance M&A sceneWHILE the...
Brokers’ take: Maybank upgrades Mapletree Industrial Trust to ‘buy’ on Japan acquisition
Price target has been raised to S$2.60 from S$2.15 to account for a lower risk-free rate of 2.75 per cent versus 3 per cent previouslyMAYBANK Securities has upgraded its...
Olympics caterer Sodexo mulls acquisition of Aramark
FRENCH food catering company Sodexo has been exploring a potential acquisition of US rival Aramark as it seeks growth overseas, sources said.The caterer has been discussing a possible purchase...
Discussions on potential acquisition interest still ongoing, says TalkMed
DISCUSSIONS on the potential acquisition of a stake in TalkMed Group are still in the preliminary stages, the healthcare services provider said on Thursday (Sep 19). “There is no...
Second Chance loses free float; offeror to exercise right of compulsory acquisition
THE offerors of Second Chance Properties – chief executive Mohamed Salleh and his family – will be making a compulsory acquisition of all the shares of the company. As at...
CICT’s big acquisition, fundraising exercise are signs of what’s to come as Fed finally cuts rates
Investors looking to ride the coming rate cuts with Reits should be prepared to be tapped for funds from time to timeTHE first message that appeared on my phone...
