Million
Uber to pay A$272 million to settle lawsuit with Australia taxi drivers, law firm says
UBER has agreed to pay A$271.8 million (S$238.5 million) to settle a lawsuit in Australia brought by taxi operators and drivers, who alleged they lost income when the ride-hailing...
Sats sells US military contractor unit Maytag Aircraft for US$46 million
INFLIGHT caterer and ground handler Sats has sold its ground handler unit Maytag Aircraft for an enterprise value of US$46 million to private direct investment firm Albion River, it announced...
Ikea plans to spend 300 million euros in South Korea to win market share
SWEDISH furniture maker Ikea plans to spend about 300 million euros (S$437.3 million) in South Korea over the next three years to increase market share in the Asian country....
SIA Group flies 3.1 million passengers in February, up 28.2% from a year ago
FLAG carrier Singapore Airlines (SIA) carried 3.1 million passengers on a group level in February, up 28.2 per cent from a year ago, it said in its operating results...
Novartis invests US$256 million to expand Singapore plant
SWISS biopharma giant Novartis has invested US$256 million to expand its biopharmaceutical manufacturing plant in Singapore. The expanded site will focus on manufacturing therapeutic antibody drugs. Novartis said it...
CSE Global proposes S$24 million placement to fund acquisitions, investments
CSE Global on Thursday (Mar 14) proposed a placement of 60 million new shares to raise S$24 million for strategic acquisitions and investments. Each new share will be priced...
FLCT to acquire 89.9% interest in 4 logistics assets in Germany from sponsor for 118.7 million euros
FRASERS Logistics and Commercial Trust (FLCT) is acquiring an 89.9 per cent interest in four logistics assets in Germany from its sponsor, Frasers Property. On Friday (Mar 15), FLCT...
Apple reaches US$490 million settlement over CEO Cook’s China sales comments