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M&A
Global M&A deals surged 28% q-o-q to US$602 bil in 2Q2023, but down in APAC ex-China
There were 124 “mega-deals” of at least US$1 billion, up 46% q-o-q from 85 “mega-deals” in the previous quarter.
August 03, 2023
Deals, joint ventures & alliances
Dealmakers adrift as US$1 trillion vanishes in first-half slump
The next six months of 2023 will definitely have some IPOs
June 29, 2023
M&A
Companies need a new playbook for M&As in the energy transition: Bain & Co
Within energy and natural resources, divestitures activity totaled US$250 billion for the first nine months of 2022.
January 31, 2023
M&A
Sats shareholders approve WFS acquisition, projected to be completed by April 2023
96.8% of of the total number of votes at the EGM voted in favour of the transaction.
January 18, 2023
M&A
Revez receives mandatory offer of 3.06 cents per share after lawyer and investor acquire majority stake
The duo had acquired a 58.58% stake at 3.06 cents per share.
December 07, 2022
Broker's Calls
CGS-CIMB lowers target price on Sats after WFS funding plan revealed
Under the analysts' model, they expect a potential earnings dilution of about 5% in 2024.
December 05, 2022
Aviation & Engineering
Sats reveals funding structure for WFS acquisition
Sats has not revealed the rights issue ratio or the issue price for the rights shares yet.
December 01, 2022
M&A
SATS to become world’s largest cargo handler with $1.64 bil acquisition of cargo handling firm WFS
With the acquisition, SATS will now become the world's largest cargo handler.
September 28, 2022
Broker's Calls
UOB Kay Hian puts SATS’s recommendation ‘under review’ after WFS acquisition rumours
Chen has removed his target price and put SATS "under review" due to "significant uncertainties" over the rumored deal.
September 23, 2022
M&A
Hengyang proposes to acquire 49% stake of Odfjell Nangang Terminals (Tianjin)
The 49% stake is valued at RMB 167.6 million.
June 21, 2022