Buy
Concord to buy Hipgnosis in US$1.4 billion deal
CONCORD, a music rights investor, has agreed to buy Hipgnosis Songs Fund in a deal that values the song catalogue company at about US$1.4 billion. The bidders have offered Hipgnosis...
Abu Dhabi’s largest Islamic bank in talks to buy US$1.1 billion stake in Indonesian lender
ABU DHABI’S largest Islamic bank is in talks to buy a minority stake valued at around US$1.1 billion in Indonesia’s top Islamic lender, Bank Syariah Indonesia, sources said, with...
Vinci to buy majority of Edinburgh Airport in UK expansion
VINCI agreed to buy a majority stake in Edinburgh Airport for £1.27 billion (S$2.15 billion), furthering an expansion in the UK by the French construction and concessions firm.Global Infrastructure...
GIP said to halt plan to buy stake in Malaysian ports operator
GLOBAL Infrastructure Partners (GIP) has shelved plans to buy up to 49 per cent of Malaysia’s biggest port operator from a local tycoon on valuation concerns, according to people...
Trafigura consortium in talks to buy Exxon oil refinery in France
RHONE Energies, a consortium of commodity trader Trafigura and Entara, is in exclusive negotiations with ExxonMobil’s Esso Saf to acquire the Fos-sur-Mer refinery in southern France and the Toulouse...
US investor Baker, Beetz-led group to buy Germany’s Galeria, sources say
GERMANY’S Galeria Karstadt Kaufhof is to be taken over by a consortium including US investor Richard Baker, CEO of its previous owner Hudson’s Bay Company, two sources familiar with...
Brokers’ take: Citi initiates ‘buy’ on Jardine C&C with S$29 price target
CITI Research initiated coverage on Jardine Cycle & Carriage : C07 0% (Jardine C&C) with a “buy” call, as the research house expressed optimism on the conglomerate’s investments in...
Brokers’ take: UOBKH initiates coverage on Winking Studios with ‘buy’
UOB Kay Hian (UOBKH) has initiated coverage on Acer-backed game art outsourcing company Winking Studios with a “buy” call and a target price of S$0.35. Given a booming game...
