Business
Elliott raises Toyota Industries stake in push to block buyout
Elliott Investment Management has increased its stake in Toyota Industries again as the activist investor ramps up efforts to block the…
Tag
buyout
Business
China deepens probe into Meta’s landmark US$2 billion buyout of Singapore-based Manus
ING is deepening an investigation into Meta Platforms’ US$2 billion acquisition of Chinese-founded artificial intelligence (AI) startup…
Business
Private credit & buyout firms: Valuations under pressure
Higher base rates are challenging borrowers’ ability to fulfil interest burdens There are signs of more pressure on private credit loans…
Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
Business
Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal
Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed Hang Seng Bank shareholders on…
Business
Warner Bros rejects revised Paramount bid as risky leveraged buyout
Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised…
Business
Sony owns a majority stake in the ‘Peanuts’ after $457 million buyout for WildBrain
Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic “Peanuts” and its…
Business
Elliott woos other Toyota Industries investors in buyout fight
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its…
Business
HSBC’s US$13.6 billion buyout proposal wins Hang Seng Bank board committee’s nod
Debt-laden property developers in Hong Kong and their creditors are set to face intensifying financial pressure next year Hong Kong’s Hang…
Business
Brookfield, GIC to weigh buyout of National Storage Reit: sources
The volume of mergers and acquisitions involving Australian companies as either targets or sellers has fallen to around US$70 billion this…
Fashion
Prada heir to head Versace after 1.25 billion-euro buy-out
LORENZO Bertelli, the son of designer Miuccia Prada, said on Wednesday he will become executive chairman of Versace following the Prada…
Business
Toyota's buyout of group firm faces new obstacle after Elliott takes stake
Elliott said the proposed deal undervalued the company, lacked transparency and fell short of proper governance practices Toyota Motor’s…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data centre sector A consortium comprising of KKR…
Business
KKR, Singtel seek S$5 billion loan for STT GDC buyout: sources
If finalised, this deal could mark Asia’s largest-ever leveraged buyout financing in the data-centre sector A consortium comprising of KKR…
Business
Voluntary exits, opt-in layoffs: The buyout tactic sweeping the workforce
A voluntary layoff? In this economy? The mass layoff meat grinder is out in full force this week. In just the past couple of days,…
Business
Grindr receives buyout offer to take dating app private
Grindr, the publicly-traded company behind the popular dating and social networking app for LGBTQ people, is closer to becoming private.…
Business
Investors call for greater disclosure in Toyota’s buyout of group company
Global investors have called on Toyota Motor to provide more disclosure about its planned buyout of group firm Toyota Industries,…
Business
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because…
Business
Blackstone hits US$10 billion Asia buyout fund goal amid private equity chill
The world’s biggest asset manager’s fundraising comes as global investors are growing more cautious about private equity Blackstone hit a…
Business
Warner Brothers Discovery and Paramount Skydance shares surge on buyout reports
Natalie ShermanBusiness reporter Shares in Warner Brothers Discovery and Paramount Skydance have surged following reports that Paramount…
Business
KKR, Blackstone turn India into Asia’s buyout HQ after China dip
The South Asian nation offers strong economic expansion, with broader investment opportunities across sectors from infrastructure to…
Business
Skechers and 3G Get Green Light: Here’s When The Biggest Shoe Buyout Deal at $9 Billion Will Close
Skechers U.S.A. and 3G Capital Partners L.P. have the go ahead to move forward on their $9 billion merger deal. The transaction, first…
Business
3HA Capital to privatise watch-listed CosmoSteel after buyout offer accepted
Watch-listed company CosmoSteel Holdings will be delisted from the Singapore Exchange (SGX) as it no longer satisfies the bourse’s…
Business
Seven & i risks becoming buyout target again if turnaround fails
Even after fending off Alimentation Couche-Tard’s unsolicited 6.77 trillion yen (S$58.5 billion) takeover approach, Seven & i Holdings…