Buy
Kirin to buy Fancl for 220b yen in shift away from beer
KIRIN will acquire Japanese skincare and cosmetics brand Fancl for around 220 billion yen (S$1.9 billion) as part of an effort to reduce its reliance on beer. The Japanese brew...
Brokers’ take: Beansprout initiates Keppel Infrastructure Trust with ‘buy’, S$0.59 target price
BEANSPROUT initiated coverage on Keppel Infrastructure Trust (KIT) with a “buy” call, noting the trust’s “attractive” distribution yield amid robust infrastructure assets. The investment insights platform licensed by the...
Japan’s Kirin to buy remaining stake of skin care company Fancl for 210 billion yen: Nikkei
KIRIN Holdings will launch a tender offer of about 210 billion yen (S$1.8 billion) to buy remaining shares of skin care products maker Fancl it does not already own,...
Lufthansa to win EU nod to buy Alitalia’s shaky successor
DEUTSCHE Lufthansa’s 325 million euro (S$466 million) investment in Italy’s ITA Airways is set to be approved by the European Union, paving the way for Prime Minister Giorgia Meloni’s...
KKR raises A$500 million private credit loan for Perpetual buy
KKR & Co agreed to a private credit loan of about A$500 million (S$447 million) from Blackstone and Goldman Sachs Asset Management to help finance its acquisition of Australian...
Singapore’s Tolaram to buy Diageo’s shareholding in Guinness Nigeria
SINGAPORE-BASED consumer group Tolaram on Tuesday (Jun 11) agreed to buy Diageo’s 58.02 per cent shareholding in Guinness Nigeria and enter into long-term licence and royalty agreements, the Nigerian...
Daiwa Securities to buy Aozora Bank stake from activist fund
DAIWA Securities Group said it will increase its stake in Japan’s unprofitable Aozora Bank. The brokerage’s shares tumbled 4.6 per cent.
Daiwa will buy 9.1 per cent of the...
Kimly unit to buy coffeeshop property at Serangoon for S$13.2 million
COFFEESHOP operator Kimly : 1D0 0%’s wholly owned subsidiary, Choh Dee (S204) Food House, has exercised the option to purchase a coffeeshop property at Serangoon from Lee Quan Enterprises...
