Deal
Glencore Group nears deal for Shell’s Singapore oil refinery
A GROUP including commodity trader Glencore and Indonesian chemicals business Chandra Asri Pacific is in advanced talks to buy Shell assets in Singapore in a deal that could be...
Exxon-Pioneer deal gets green light from US FTC, Pioneer exec barred from board
The Federal Trade Commission (FTC) on Thursday (May 2) said ExxonMobil’s US$60 billion purchase of Pioneer Natural Resources could go ahead on the condition Pioneer’s former CEO will not...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri has on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival...
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Olam Group’s indirect 64.57 per cent-owned subsidiary Olam Agri on Thursday (May 2) increased its off-market takeover offer to acquire all shares in Namoi Cotton, topping its rival Louis...
L’Occitane’s billionaire owner Geiger to take firm private in US$1.8 billion deal
Hong Kong-listed L’Occitane International’s chairman and controlling shareholder, Reinold Geiger, will take the skin-care firm private, giving it an equity value of US$6.4 billion, the company said.The deal will...
Japan’s top FX diplomat says ready to deal with yen around the clock
JAPAN’S top currency diplomat Masato Kanda said on Tuesday authorities were ready to deal with foreign exchange matters around the clock but declined to comment on whether the finance...
GoTo narrows Q1 loss to 420 billion rupiah with TikTok deal, cost cuts
INDONESIA’S GoTo Group slashed losses to 420 billion rupiah (S$35.2 million) for the three months to Mar 31 – a fraction of its year-ago 2.8 trillion rupiah loss. This...
US lawmakers strike deal to boost aviation safety, will not hike pilot retirement age
US HOUSE and Senate negotiators said on early Monday they have reached a deal to boost air traffic controller staffing and boost funding to avert runway close call incidents,...
