M&A

SINGAPORE (Nov 20): Leisure Ventures, an associated company of Hotel Properties Limited (HPL), is acquiring the freehold interest of a 740-acre hotel site in Tuscany, Italy, for EUR 22.6 million ($35.5 million).

(Oct 6): GIC, the Singapore sovereign wealth fund, is making another bet on Vietnam by purchasing a stake in local conglomerate Masan Group Corp, people with knowledge of the matter said.

SINGAPORE (Mar 8): Datapulse Technology says it has received a letter from Ascapia Capital dated Wednesday making clear its intentions to buy over the company.

SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across the Singapore power market.

SINGAPORE (Feb 22): AEM Holdings is fully acquiring IRIS Solution, a Singapore-incorporated advanced machine vision solutions provider, for $1.5 million.

SINGAPORE (March 14): The volume and value of merger and acquisition (M&A) transactions for 2016 were down from the record highs of 2015 despite cross-border activity remaining resilient, according to KPMG International’s M&A Predictor report.

SINGAPORE (March 9): F&B player Neo Group has entered into an exclusive dealing agreement in relation to a proposed acquisition of shares in of shares in Asia Farm F&B (AFF).

SINGAPORE (March 9): Tax advisory and business consultancy company Axcelasia is acquiring Malaysian corporate governance advisory firm Audex for a sum of RM2.88 million ($0.9 million).

SINGAPORE (March 6): Upcoming macro events are to drive volatility in markets this month, according to DBS Vickers Securities.

HONG KONG (Dec 30): China's appetite for foreign assets is likely to remain healthy after completed acquisitions surged 46% to a record US$105 billion ($151.7 billion) this year as mainland firms scooped up assets ranging from movie studios to footbal