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 stake in the New York Times, his last new…
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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 Academy Award-winning documentaries “Period. End of…
CapitaLand Investment provides advisory services for The Clementi Mall, holds minority stake in asset
The tie-up aligns with its long-term strategy to grow fee income through a capital-efficient, partnership-led approach CapitaLand Investment (CLI) will provide real estate advisory…
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 the Pinault family, to acquire a 29.06 percent stake…
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 Anta Sports Products said on Tuesday (Jan…
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 sessions spanning Jan 16 to 22, institutions were…
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 unit will take a 20 per cent stake in the JV company…
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) in cash to increase its stake in Prudential…
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 Group. Nemo Group will remain a minority shareholder,…
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 franchise, that will allow the Hollywood company access to…
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 per cent stake in the port and logistics operator.…
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 discussed the company’s progress on its new line of…
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 Products has offered to buy 29 per cent of struggling…
Exclusive: Accenture Takes Stake in Profitmind
Accenture has invested in Profitmind, a retail technology company that two years ago developed an agentic AI platform to help retailers automate decisions across pricing, inventory and…
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 shipping companies. The deal – to buy 51 per cent…
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 in “exclusive talks” with Mitsubishi Estate Asia…
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 digital banking and wealth-management platform iFast…
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 Pincus. Haier will retain a 49 per cent stake and the…
BP to sell 65% stake in Castrol to Stonepeak for US$6 billion
The sale proceeds, which include US$800 million for accelerated dividend payments, will be used to reduce debt BP said on Wednesday (Dec 24) it had agreed to sell a 65 per cent stake in…
Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake
Japan’s Eneos Holdings is ahead of rival bidders for US heavyweight Chevron’s stake in a Singapore oil refinery, according to people familiar with the matter. Other suitors for the 50 per…
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare…
Mandatory offer for Alpha Integrated Reit at S$0.48 each following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare…
Sony owns majority stake in ‘Peanuts’ comic after $457 million buyout
Happiness is taking control of a beloved comic strip. Sony is buying a 41% stake in the Charles M. Schulz comic Peanuts and its characters including Snoopy and Charlie Brown from Canada’s…
Coty Divests Remaining Stake in Wella
PARIS – Coty Inc. continues deleveraging and divesting non-core assets, and has sold its remaining 25.8 percent stake in hair care giant Wella to KKR. Under terms of the deal, Coty is to…