News
The Countdown to the USMCA Review is On. Here’s What’s At Stake.
With mere days until trade officials embark on an official six-year review of the trilateral trade pact that connects Mexico, Canada and…
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stake
News
Trump-Xi summit in Beijing: What's at stake
BEIJING — President Trump’s first visit to China in nine years is a high-stakes trip reflecting the rivalry and mutual dependence of two…
Business
Musk v. Altman trial begins with $150B at stake over OpenAI's nonprofit-to-profit conversion
TL;DR Jury selection begins Monday in Musk v. Altman, the federal trial over whether OpenAI’s nonprofit-to-profit conversion constitutes…
Business
Buffett cuts Amazon stake, makes bet on New York Times
Warren Buffett’s Berkshire Hathaway slashed its stake in Amazon.com by more than 75 per cent in the fourth quarter, while also building a…
Business
Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million
The aim is to develop and operate a purpose-built workers accommodation on the site A wholly owned subsidiary of property player Centurion…
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…
Culture
Reliance’s Jio Studios Acquires Stake in Oscar Winner Guneet Monga Kapoor’s Sikhya Entertainment (EXCLUSIVE)
Reliance Strategic Business Ventures Limited has acquired a 50.1% stake in Sikhya Entertainment, the Indian production house behind…
Business
CapitaLand Investment provides advisory services for The Clementi Mall, holds minority stake in asset
The tie-up aligns with CLI’s long-term strategy to grow fee income through a capital-efficient, partnership-led approach CapitaLand…
Business
After Much Speculation, Anta Sports Scoops Up 29% Puma Stake in $1.8 Billion Deal
Anta Sports Products Limited confirmed early Tuesday in China that it inked an agreement with Groupe Artémis, the investment company of…
Business
China’s Anta Sports muscles in with US$1.8 billion move for 29.1% Puma stake
CHINA’S Anta Sports Products said on Tuesday it had agreed to buy a 29.06 per cent stake in German sportswear maker Puma from the Pinault…
Business
China’s Anta Sports buys 29% Puma stake for US$1.8 billion, rules out full takeover
The deal is expected to help German sportswear group increase its sales in the lucrative Chinese market China’s biggest sportswear brand…
Business
Jardine Matheson buys back shares; Soon Hock’s Tan Yeow Khoon builds stake
Institutions were net buyers of Singapore stocks from Jan 16 to 22, with net institutional inflow of S$1.7 million For the five trading…
Business
Jumbo Group takes 20% stake in Xi’an restaurant joint venture
Chill crab purveyor Jumbo Group has entered into a joint venture (JV) with a Chinese company to operate a restaurant in Xi’an. A Jumbo…
Business
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest Prudential will pay RM1.5 billion (S$483 million)…
Business
Spanish Outdoor Furniture Firm Kettal Takes Majority Stake in Italy’s Driade
MILAN — Nemo Group, which acquired Driade in October 2024, has sold a majority stake in the Italian furniture house to Spain’s Kettal…
Business
Odoo tops €7 billion valuation as General Atlantic increases stake
Belgian business software company Odoo, also a unicorn, has reached a fresh milestone. Growth investor General Atlantic has increased its…
Business
Legendary Sells Minority Stake to Tokyo Broadcasting System in Japanese IP Partnership
The Tokyo Broadcasting System has made a strategic investment in Legendary Entertainment, the producer of “Dune” and the Godzilla…
Business
Olam advances 32.4% stake sale of port operator following key lender approvals
Olam Group said it has “made progress” in securing approvals from different lenders to Arise P&L for the proposed divestment of its 32.4…
Business
Intel CEO meets with Trump, who hails gain in US chipmaker stake
US President Donald Trump met with Intel chief executive officer Tan Lip-Bu on Thursday (Jan 8) at the White House, where the two men…
Business
China’s Anta Sports has offered to buy Pinault family’s 29% Puma stake: sources
The Hong Kong-listed company has a track record of acquiring and revamping Western sports and lifestyle brands China’s Anta Sports…
Business
Geo Energy buys majority stake in two Indonesian shipping companies for US$127.5 million
Indonesian coal producer Geo Energy said on Thursday (Jan 8) that it has completed its acquisition of majority stakes in two Indonesian…
Business
OUE Reit in ‘exclusive talks’ for partial stake in Salesforce Tower in Sydney
There is no certainty that any transaction will materialise at this juncture, says manager OUE Real Estate Investment Trust (OUE Reit) is…
Business
iFast’s proposed acquisition of Financial Alliance stake could be more exciting than it looks
The relatively modest investment could burnish the growth strategy of iFast, which is on track for a multi-year growth trajectory When…
Business
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg…