Deal
Boeing, union reach preliminary deal to avert Seattle-area strike
BOEING has agreed on a preliminary new contract with union leaders that includes a hefty wage hike that would avert a strike in the Seattle region, the two sides...
Salesforce nears deal to buy startup Own for US$2 billion
SALESFORCE said it was buying data protection and management solutions provider Own for US$1.9 billion, the company’s second acquisition this week.The deal “underscores our commitment to providing secure, end-to-end...
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...
Singtel-owned Optus, TPG Telecom get Australia competition regulator’s nod for network-sharing deal
THE Australian Competition and Consumer Commission (ACCC) on Thursday (Sep 5) said it would not oppose the proposed regional network and spectrum-sharing agreements between Singtel-owned Optus and Australian telco...
Blackstone to Acquire Australia’s AirTrunk in A$24 billion deal
Blackstone has agreed to acquire AirTrunk in a deal valuing the Australian data centre operator at A$24 billion (S$21.02 billion), including debt and capital expenditure for committed projects.The New...
CICT proposes S$1.85 billion deal to acquire 50% stake in Ion Orchard from sponsor
CAPITALAND Integrated Commercial Trust (CICT) is proposing to purchase a 50 per cent interest in Ion Orchard and its connecting underpass, Ion Orchard Link, from its sponsor CapitaLand Investment...
Apple set for music, TV streaming fight in India after Airtel deal
APPLE’S partnership with India’s second-biggest telecoms firm will give the iPhone maker a sorely needed boost in a content market where it lags far behind the likes of Spotify...