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Kraft Heinz is studying a potential spin off of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as $20 billion on…
Following Beijing’s decision, the company has cleared one of the last major hurdles to a deal to intended to shore up its market position Synopsys has secured China’s approval to…
Centurion Corp announced on Monday (Jul 14) that it has entered into agreements for the proposed listing of its new real estate investment trust (Reit) – named Centurion Accommodation Reit…
SpaceX has committed US$2 billion to xAI as part of a US$5 billion equity round, deepening the ties between tech billionaire Elon Musk’s ventures as his artificial intelligence…
The hiring spree of top talent among the tech giants is gaining momentum as companies leave no stone unturned in the race to further develop AI. Now, following from Meta, OpenAI, and…
[Bengaluru] Kraft Heinz is studying a potential spinoff of a large chunk of its grocery business, including many Kraft products, into a new entity that could be valued at as much as US$20…
Indonesia has detained an employee of Trafigura Group along with seven other suspects in a case involving oil procurement by state-owned Pertamina, widening one of the nation’s largest…
A protracted battle in China’s food-delivery market has chopped US$100 billion in market value from Alibaba Group Holding, with no end in sight for damage to profits and investor…
antitrust enforcers greenlit T-Mobile’s US$4.4 billion acquisition of UScellular on Thursday, the latest deal blessed by the Trump administration as it takes a softer approach…
Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion. The Ferrero…
Singapore’s state investor Temasek sees growing investment opportunities in Europe as the impact of trade tensions on the economic climate makes some companies more attractive in terms of…
Company says this makes it the industry’s first unicorn; latest financing includes new investor CVC eSIM platform Airalo has raised US$220 million in a financing round, valuing the company…
The sale would allow the American oil major to deploy more capital in areas of higher growth potential — Aster Chemicals and Energy, a joint…
Nissan Motor is expected to sell some of its upcoming US$4 billion foreign-currency bonds at a record-high coupon, piling more pressure on the struggling Japanese automaker as it seeks to…
The Hong Kong Jockey Club is divesting as much as US$1 billion in funds held with Blackstone and other buyout firms, offloading US assets amid escalating trade tensions that have…
semiconductor startup Groq has spoken to investors about raising between US$300 million and US$500 million at a US$6 billion post-investment valuation, The Information reported…
Merck is nearing a US$10 billion deal to buy lung diseases focussed Verona Pharma, as the US drugmaker is eyeing deals to offset the upcoming patent expiry of its blockbuster cancer drug,…
Temasek posted a record net portfolio value (NPV) of S$434 billion for the financial year ended Mar 31, driven by the strong performance of its Singapore-based portfolio companies such as…
The volume of green, social, sustainability and sustainability-linked (GSSSL) bonds, as well as transition bonds issued in Singapore, hit S$13.3 billion last year, up 79.7 per cent from…
The volume of green, social, sustainability and sustainability-linked (GSSSL) bonds, as well as transition bonds issued in Singapore, hit S$13.3 billion last year, up 79.7 per cent from…
The move is the latest in a run of private equity allocation increases among so-called superannuation funds within Australia’s A$4.1 trillion retirement system Mercer…
First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Kuwait…
Meta Platforms bought a minority stake in the world’s largest eyewear maker EssilorLuxottica, a deal that increases the US tech giant’s financial commitment to the fast-growing smart…
HSBC Holdings is ramping up growth plans for its UK wealth management operations as Europe’s largest bank seeks to double the assets it oversees for well-heeled individuals in its home…
