acquisition

SINGAPORE (Sept 21): RHB Research is maintaining “buy” on Thai Beverage (ThaiBev) with an unchanged target price of 88 cents despite expectations of 4Q18 alcohol volumes to continue their decline due to the high base effect in 4Q17, which saw trade ag

(Sept 21): Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.

SINGAPORE (Sept 18): CapitaLand has acquired a portfolio of 16 freehold, Class B multifamily properties in the US for US$835 million ($1.14 billion).

(Sept 4): Offshore oil driller Transocean said on Tuesday it would buy peer Ocean Rig UDW Inc in a US$2.7 billion ($3.7 billion) cash-and-stock deal, its second major acquisition this year as the company bets on a recovery in the offshore sector.

SINGAPORE (Aug 23): Clearbridge Health’s wholly-owned subsidiary, SAM Laboratory, is acquiring a controlling stake in PT Indo Genesis Medika, a company incorporated in Indonesia, for an aggregate consideration of about IDR 40.7 billion ($3.8 million).

SINGAPORE (Aug 23): Saudi Arabian Oil Co is focusing on buying a strategic stake in chemical giant Saudi Basic Industries Corp, putting work on its potential initial public offering on hold, according to people familiar with the matter.

SINGAPORE (Aug 6): MindChamps Preschool saw a near doubling of 2Q earnings to $1.3 million from $0.7 million in 2Q17 on higher revenue.

SINGAPORE (July 27): DBS Vickers Securities is maintaining its “buy” call on Ascendas REIT (A-REIT) with an unchanged target price of $3 on news of the trust’s first foray into Europe with its plans to acquire a portfolio of 12 UK logistics properti

SINGAPORE (June 28): CapitaLand remains RHB Research’s top large-cap pick after its latest acquisition of a Chongqing site for RMB5.7 billion ($1.2 billion).

SINGAPORE (June 21): Compact Metal Industries is seeking to acquire a 51% interest in a partially completed cement plant in Salamanga, Bela Vista, Maputo Province, Mozambique for US$30 million ($40.8 million), subject to shareholder approval at the EGM.