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Singapore rejects crypto CEO’s PR bid; Nansen boss may relocate
SINGAPORE’S push to foster a digital-asset hub jumped back into the spotlight this week when Nansen chief executive officer Alex Svanevik revealed his application for permanent residence (PR) there...
Sinopharm’s China TCM buyout bid lapses without regulatory nods
CHINA National Pharmaceutical Group’s latest attempt to take China Traditional Chinese Medicine (TCM) Holdings private has fallen through as it was unable to secure necessary regulatory approval from Chinese...
Exceptional circumstances behind government’s no-go stance on Allianz’s bid for Income: observers
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...
UK’s Mulberry to evaluate sweetened Frasers’ bid
BRITISH luxury brand Mulberry said on Monday (Oct 14) it is working with advisers to evaluate Frasers’ sweetened £111 million (S$189.3 million) takeover proposal, after its top investor Challice...
Some 7-Eleven owners in Japan fed up with strategy, welcome foreign bid
AS MUCH as Jun Nagao doesn’t like the idea of foreigners scooping up Japanese companies, the former 7-Eleven franchise owner thinks a takeover would bring welcome change to the...
Offeror says Silverlake Axis privatisation bid is final with no price increase
E2I says its offer is an opportunity for shareholders who may find it difficult to exit due to low trading liquidityTHE voluntary unconditional offer from a group led by...
CMA CGM buys 48% of port terminal company Santos Brasil, to launch takeover bid
FRENCH shipping giant CMA CGM plans to launch a full takeover bid for port terminal operator Santos Brasil after it agreed to buy a 48 per cent stake in...
Vietnam removes pre-funding rule for foreigner investors in bid for market upgrade
VIETNAM will remove a requirement for full pre-funding on equity transactions of foreign investors from Nov 2, its finance ministry said, the country’s latest effort to boost the chances...