mergers and acquistions (M&A)

M&A

Singapore Paincare Holdings acquires orthopaedic practice for $3.1 mil

The acquisition was completed on March 14.
Sats acquisition of WFS provides attractive buying opportunities: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

Sats acquisition of WFS provides attractive buying opportunities: CGS-CIMB

CGS-CIMB has maintained their “add” rating for Sats with a lower TP of $3.10 from $3.21 previously.

M&A

IHH Healthcare subsidiary Acibadem expands into third largest city in Turkey with acquisition of Kent Health Group

Kent operates the largest private hospital in Izmir as well as two medical centres in the city.

M&A

Union Steel to acquire Singapore engineering construction firm for $2.5 mil

The acquisition was seen as an “attractive investment opportunity” for the company to diversify its revenue streams.

Corporate moves

Singtel’s Thai associate receives approval updates on moves to acquire Thai broadband entities

AIS says material issues will require "careful reconsideration" of whether the proposal to acquire TTT and JASIF will sustain.

Company in the news

Raine Group launches Singapore office with Asean opportunities ripe for the picking

Ravitch says the move had long been on the cards but was one that needed the “right timing”.
SATS says Bloomberg article on deal for Worldwide Flight Services 'contains inaccuracies' - THE EDGE SINGAPORE

M&A

SATS confirms report of talks to acquire Worldwide Flight Services but flags 'inaccuracies'

SATS says discussions involving the transaction is ongoing, but there is nothing formally agreed on, including the price.
Taking the headache out of intercompany accounting for post-merger success - THE EDGE SINGAPORE

In Focus

Taking the headache out of intercompany accounting for post-merger success

How can automation help businesses effectively navigate the complexities of intercompany accounting for post-merger success?

Broker's Calls

'Buy' Keppel, 'sell' SembMarine as Bayberry nears fruition: analysts

Keppel Corporation has been an outperformer so far this year, says OCBC Investment Research.
'Add' Keppel, the accretive winner in O&M, Sembmarine merger: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Add' Keppel, the accretive winner in O&M, SembMarine merger: CGS-CIMB

CGS-CIMB is recommending investors “add” Keppel Corp, with a TP of $7.20, and “hold” SembMarine, with a TP of 9 cents.
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