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Company in the news
IHH Healthcare's Fortis announces divestment of Chennai hospital for INR1.28 bil
The divestment includes the business operations of Malar Hospital as well as its related real estate assets.
November 24, 2023
REITs
Frasers Centrepoint Trust announces proposed divestment of 28.85% of Hektar REIT
Frasers Centrepoint Trust announces divesting 143m units in Hektar REIT following proposed sale of Changi City Point
September 22, 2023
Investing ideas
KKR deal could lead to higher Singtel dividends
Singtel's latest partial divestment of its regional data centre business is seen as a positive more by analysts.
September 21, 2023
Broker's Calls
Analysts upbeat on Singtel's outlook as it unlocks more value with latest divestment
Analysts are upbeat on Singtel's move to unlock more value and are awaiiting for more to come.
September 19, 2023
REITs
ESR-LOGOS completes divestment of three non-core assets for $182.9 mil
E-LOG had previously announced its intention to divest seven of its non-core assets for approximately $337.0 million.
August 23, 2023
Company in the news
Keppel Corp divests 28.44% stake in Thai-listed SVOA for $23.4 mil
Following the divestment, Keppel's stake in SVOA fell to 3.5% from 31.94% previously.
July 12, 2023
REITs
ESR-LOGOS to divest seven non-core assets for $337.0 mil
Post-completion, E-LOG’s aggregate leverage on a pro forma basis will decrease from 41.8% to 33.6%.
June 23, 2023
REITs
Manulife US REIT announces proposed divestment of Phipps to sponsor
Manulife US REIT's manager announces proposed sale of Phipps to sponsor as Mirae exclusivity period lapses.
May 24, 2023
Company in the news
Keppel Corp terminates divestment of Flemmington Investments
No further reasons were given except that the parties involved have already entered into agreements to terminate the divestment.
May 12, 2023
Deals, joint ventures & alliances
Manulife US REIT continues talks with bidder Mirae, divests property for US$0.35 mil loss
MUST has divested a property in Oregon for US$33.5 million, lower than the price it paid in December 2021.
April 12, 2023