Deal
Mars to acquire Cheez-It, Pringles maker Kellanova in mega US$36 billion deal
FAMILY-OWNED candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday (Aug 14) it would buy Cheez-It and Pringles maker Kellanova in a nearly US$36 billion deal,...
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...
Taylor Swift cancellations deal blow to insurers: sources
INSURERS face millions of US dollars in claims after a foiled attack forced three Taylor Swift concerts in Austria to be cancelled, though several providers will share out the...
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...
South Korea’s Coupang posts first loss since 2022 as Farfetch deal saps profit
COUPANG posted its first loss in two years, after the acquisition of unprofitable Farfetch Holdings and a government regulatory fine offset strong growth in its core e-commerce business.South Korea’s...
MAS prioritises policyholders, competitive market in assessing Allianz-Income deal: Chee Hong Tat
THE Monetary Authority of Singapore (MAS) will prioritise the interest of policyholders when assessing Allianz’s proposed acquisition of a majority stake in Income Insurance, said Second Minister for Finance...
Kirin raises Fancl tender offer price seeking to secure deal
KIRIN Holdings raised its tender offer price for Fancl by 4.1 per cent and extended its deadline for the bid to Aug 28, a potential concession to some investors...
Eu Yan Sang deal makes Singapore top South-east Asia market for buyout exits in Q2: Preqin
PRIVATE equity (PE) buyouts and exit activity are rebounding in Asia-Pacific, with Singapore leading the table for South-east Asia thanks to two large deals. Apac buyout deal value came...
Hewlett Packard set for unconditional EU nod for US$14 billion Juniper deal: sources
HEWLETT Packard Enterprise (HPE) is expected to secure unconditional European Union antitrust approval for its US$14 billion acquisition of networking gear maker Juniper Networks, sources familiar with the matter...
