ST Telemedia sells majority stake in Malaysian telecom firm U Mobile
Singapore Technologies Telemedia said on Wednesday (Dec 4) Malaysia’s Mawar Setia will acquire a majority stake in the company’s U ...
Tag: Stake
GM to sell its stake in Michigan EV battery plant to LG Energy
GENERAL Motors (GM) is selling its stake in an electric vehicle (EV) battery plant in Lansing, Michigan, to South Korean ...
EQT and GIC to acquire majority stake in UK’s Calisen from consortium of investors
PRIVATE equity firm EQT and Singapore’s sovereign wealth fund GIC will acquire a majority stake in UK’s Calisen, more than ...
Digital Core Reit responds to unitholders on proposed acquisition of additional stake in Frankfurt data centre
UNITHOLDERS of Digital Core Reit have bombarded the Reit’s manager with questions relating to its acquisition of a bigger stake ...
First Sponsor to increase stake in Netherlands’ NSI for 18.9 million euros
Acquisition will be funded by net proceeds from a rights issue of perpetual convertible capital securities in SeptemberFIRST Sponsor is ...
Philip Ng raises stake in Vitasoy, prompting speculation of takeover
CEO Roberto Guidetti says it’s ‘open’ to potential business collaboration as company’s shares jumped the most on recordVITASOY International Holdings ...
Adani Wilmar said to defer stake sale amid US bribery charges
Local securities law requires at least 25% of the holding to be with non-founders within three years of listingAdani Enterprises ...
Sats unit to shed stake in Saudi Arabia subsidiary for S$52.6 million
IN-FLIGHT caterer and ground handler Sats intends to divest 49 per cent of its interest in its Saudi Arabia cargo-handling ...
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA FinancialPARAGON Reit Management, ...
China’s Trustar raises US$1 billion for vehicle that holds McDonald’s China stake: sources
TRUSTAR Capital has raised US$1 billion for a continuation fund that will hold the Chinese private equity firm’s controlling stake ...
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