Firm
Honeywell strikes US$2 billion deal to buy aerospace and defence firm CAES Systems
Honeywell has agreed to buy aerospace and defence technology company CAES Systems for roughly US$2 billion from private equity firm Advent International, The Wall Street Journal reported on Thursday...
Crypto firm Consensys says US regulator has closed inquiry into Ethereum 2.0
THE US Securities and Exchange Commission (SEC) has closed its investigation into the blockchain protocol Ethereum 2.0, cryptocurrency firm Consensys said in a post on social media platform X...
Seche Environnement to buy Singapore hazardous waste firm ECO for S$605 million
FRENCH industrial group Seche Environnement has agreed to buy Singapore’s ECO Industrial Environmental Engineering for around S$605 million, according to a statement by the company dated Monday (Jun 17).The...
Chanel billionaire’s son builds US$110 million private equity firm
THE son of one of Chanel’s billionaire owners is building a team to help run his private equity venture as a huge luxury goods fortune trickles down to the...
EY’s UK boss to step down as firm hunts for successor
EY’s UK boss Hywel Ball is planning to step down as the Big Four audit firm prepares to split up his role. The company will start the process for picking...
Beijing Capital-owned Singapore waste firm ECO draws infrastructure investors: sources
Global infrastructure investors Actis and I Squared Capital are among companies considering bids for Beijing Capital Group’s wholly owned Singapore waste management company ECO, said two sources with direct...
US probes Microsoft’s deal with AI firm Inflection
US regulators are investigating whether a deal Microsoft struck with AI startup Inflection may have been structured to avoid scrutiny, the Wall Street Journal reported, citing a person familiar...
Chinese security firm Nuctech challenges EU raids over alleged subsidies
CHINESE security equipment company Nuctech is taking the European Commission to court over raids at its Dutch and Polish offices, saying there was no evidence to support allegations it...
