Business
American Exchange Group Inks $39 Million Deal for Allbirds Assets
American Exchange Group plans to acquire the assets of Allbirds, the struggling shoe brand, in a $39 million deal. The sale, negotiated by…
Tag
assets
Business
China is snapping up overseas assets again, from Puma to metals
The turnaround is gathering momentum after a prolonged lull that began in the mid to late 2010s After Beijing slammed them shut about a…
Business
Understanding the valuation of intangible assets in tech deals
In a technology M&A deal, whether you are acquiring or selling a tech or software business, valuation rarely hinges on a single dimension.…
Business
South Korea’s ETF boom puts assets on track to overtake Taiwan
The two tech-heavy Asian markets have been a focal point in recent years, thanks to a global frenzy sparked by the rise of AI In yet…
Business
Bitcoin drops below US$86,000 as traders retreat from risk assets
Bitcoin dropped below US$86,000 for the first time in about six weeks amid a pullback in risk assets. The largest cryptocurrency slipped…
Business
How Europe could ‘weaponise’ US$10 trillion of US assets over Greenland
The most tangible reaction from the EU so far has been a proposal to halt approval of its July trade deal with America As Europe considers…
Business
Mitsubishi to buy Texas, Louisiana shale gas assets for US$7.5 billion
This will give it a substantial natural gas operation near the US Gulf Coast and the energy export facilities developed there Japanese…
Business
JPMorgan, Brookfield see deals revival for clean energy assets
The IEA forecasts renewable energy, particularly solar, to grow faster than any other major source of electricity generation to 2035 Clean…
Culture
Guinness-owner Diageo is said to weigh options for China assets including sale
The company is trimming global holdings as falling alcohol use hurts efforts to push pricier drinks Diageo is considering options for its…
Style
Are Premarital Assets Protected in Divorce?
If you’re thinking about filing for divorce, you might also be thinking about how your assets will be divided. For those who brought…
Business
TotalEnergies sues Charge+ over sale of EV charging assets
Defendant says it refused to proceed with the deal because BlueSG – which accounted for over 95% of the claimant’s revenue – was alleged…
Business
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES)…
Business
Hongkong Land should do a Reit not a private fund with its prime Singapore office assets
Hongkong Land Holdings is pressing ahead with growth in fund management. The 136-year-old property group said recently that it has made…
Business
Pat McGrath Labs’ Assets Marketed for Sale
After years of speculation over the future of Dame Pat McGrath’s eponymous makeup brand Pat McGrath Labs, its assets are being marketed…
News
EU leaders to loan €90bn to Ukraine - but fail to agree on using Russian assets
European Union leaders have struck a deal to give Ukraine a €90bn (£79bn; $105bn) loan after failing to agree on using frozen Russian…
Business
ESR-Reit sells 8 Singapore assets to Brookfield for S$338m; sale would trim distribution
The move is part of Reit’s strategy to offload non-core assets, particularly those suffering lease decay The manager of ESR Real Estate…
Business
Pakistan to allow Binance to explore ‘tokenisation’ of up to US$2 billion of assets
The move comes as other countries expand formal licensing rules for crypto exchanges amid broader global regulatory tightening Pakistan…
News
Newspaper headlines: 'King's cancer fight boost' and 'EU freezes' Russian assets
"Strong to reign over us," declares the Sun, as almost all of the front pages lead on the King's announcement that he will be scaling back…
News
Newspaper headlines: Russian assets 'deal' plan and 'Joe the GOAT'
The Times reports that ministers are prepared to hand over £8bn of Russian assets, which are frozen in Britain, to support Ukraine. The…
Business
Warburg-backed ESR weighs sale of some China assets: sources
The logistics and industrial property investor plans to appoint advisers to help it review options for the sale Singapore-headquartered…
Business
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals…
Business
Bank of Singapore to invest in hiring, tech to boost assets, CEO says
Bank of Singapore plans more investment in hiring and technology as it aims to climb into Asia’s top five private banks within five years…
Business
Indonesia’s US$52 billion fund to invest 5% of assets abroad
The plan marks a key shift for BPJS TK has outgrown Indonesia’s shallow capital markets Indonesia’s largest social security fund is poised…
Business
Comcast Taps Bankers to Explore Bid for Warner Bros. Discovery Assets
Comcast has taken a step closer to making an offer for parts of Warner Bros. Discovery — but not WBD in its entirety — with the retention…