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Verizon to buy Frontier in US$20 billion deal to boost fibre network in US
Verizon said on Thursday (Sep 5) it will buy fibre-optic internet provider Frontier Communications in an all-cash deal worth US$20 billion, as the US wireless carrier looks to grow...
JPMorgan abandons recommendation to buy China stocks ahead of US election
JPMORGAN Chase abandoned its buy recommendation for Chinese stocks, citing heightened volatility around the upcoming US elections in addition to growth headwinds and tepid policy support. China was downgraded...
Cordlife shareholder Nanjing Xinjiekou calls off plans to buy over remaining shares
It still remains “fully committed to leveraging on its expertise and resources to help the company navigate through its current challenges and rehabilitate the group’s business” THE substantial shareholder...
Zomato to buy Paytm’s movie ticketing business for US$244 million
ZOMATO agreed to buy Paytm’s movie and events ticketing business for 20.5 billion rupees (S$319 million) in cash, snapping up an asset from the fintech pioneer to move beyond...
Japfa to buy back 183.3 million of shares at S$0.355 apiece
AGRI-FOOD company Japfa on Monday (Aug 19) proposed undertaking an off-market purchase of its ordinary shares at S$0.355 apiece under an equal access scheme. The company will buy back...
Mars to buy Pringles maker Kellanova for US$36 billion in 2024’s biggest deal
FAMILY-OWNED candy giant Mars is buying Cheez-It maker Kellanova in a nearly US$36 billion deal, bringing together brands from M&M’s and Snickers to Pringles and Pop-Tarts in the year’s...
PSA International unit to buy majority stake in Polish intermodal operator
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...
Cathay Pacific nearing deal to buy dozens of widebody aircraft
CATHAY Pacific Airways is close to announcing a plan to buy dozens of twin-aisle aircraft and is favouring European planemaker Airbus in the decision, according to sources familiar with...
