mergers and acquisitions
Six in 10 CEOs shift to proactive portfolio management
Six in 10 CEOs shift to proactive portfolio management
They plan to pursue M&A and IPO transactions.
Olam Agri raises bid for Namoi to A$0.75 per share
The previous bid was A$0.70.
Smartkarma acquires Helixtap to boost commodity data capabilities
The acquisition was driven by rising rubber demand, La Niña, and supply disruptions.
Goh family closes Ossia International buyout offer with 85.92% shares acquired
The family received valid acceptances for 23.5 million shares.
Silverlake Axis plans to go private with $0.36 per share offer
Shareholders can opt to receive $0.30 in cash and one new redeemable preference share in E21.
Singapore M&A deal activity drops 23.7%
Deal activity in Asia Pacific declined 9.9% overall.
EQT Private Capital Asia to acquire PropertyGuru for US$1.1b
The transaction is expected to close in Q4 2024 or Q1 2025.
CCCS greenlights Esteel’s partial stake acquisition in HG Metal
The competition watchdog sought public feedback from 13 June until 26 June.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
Singapore M&A suffers 5.5% YoY decline in value
Both inbound and outbound M&A deals also declined in 1Q24.
M&A appetite declines to a 9-year low
Only 2 in 10 CEOs plan to ink an M&A deal in the next 12 months.
Deal volume in SG drops 20.8% YoY in the first three quarters of 2023
In APAC, activity fell 20.6% YoY to 10,761 deals.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Alpina Holdings nixed the proposed acquisition of Wan Dormitory
The agreement expired on 15 September 2023.
SGX-listed Eneco Energy to secure a stake in the Hoe Heng Group of Companies
EEL entered into deals to secure a 48% stake in HHPL.
CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta
The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).
Wing Tai cancels Holland Tower acquisition
It did not mention the details behind calling it off.
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