stake sale

Company in the news

Charles & Keith weighs sale of 20% stake; deal could value the brand at US$2 bil

Deliberations are ongoing and the company may decide not to proceed with a stake sale,

AEM largest shareholder Orion Phoenix sells 6% stake to new shareholders for $2.4 mil

SINGAPORE (Mar 5): AEM Holdings' largest shareholder, Orion Phoenix, has sold 4 million of its shares at $6.10 each to new shareholders comprising several institutional and family funds for a total of $2.4 million.

M&A

ISOTeam to sell 34.1% stake in subsidiary to Japan's Taisei Oncho

SINGAPORE (Feb 13): ISOTeam is proposing to sell a 34.1% stake in its wholly-owned subsidiary ISO-Integrated M&A to Japan-listed Taisei Oncho (TOC) for $3 million, with the intention to subsequently establish a joint venture (JV) with TOC to strengthen it

Fortis in talks for fresh capital as part of Singhs' stake sale

(Jan 5): Fortis Healthcare is seeking a cash injection of as much as US$790 million ($1.05 billion) as part of its billionaire founders’ talks to sell their stake in India’s second-largest private hospital chain.

M&A

Sabeco gets strong response at Singapore investors' roadshow as Vietnam kicks off sale

SINGAPORE (Nov 27): Vietnam’s biggest brewer Sabeco SAB.HM has received a strong response from potential suitors at an investors’ roadshow in Singapore, its chairman said, as the government moves closer to finalizing a stake sale in the US$9 billion (

Vietnam state investor to sell 3.33% of Vinamilk on Nov 10

HANOI (Oct 16): Vietnam’s state investor on Monday said it plans to sell 3.33% of Vietnam Dairy Products JSC (Vinamilk) on Nov 10, without the restrictions that applied to a similar sale last year when only a portion of the offering sold.
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