Australia’s CBA sells another 10% stake in Vietnam’s VIB
COMMONWEALTH Bank of Australia (CBA) has sold a 10 per cent stake in Vietnam International Commercial Joint Stock Bank (VIB) it said on Tuesday (Oct 29), following a previous divestment…
Tag
stake
Japanese brokerage Daiwa’s Q2 profit jumps 80% on Aozora stake
It also posts a rise in non-operating income of 21.6 billion yen in the quarter due to Aozora being an equity-method affiliate JAPAN’S second-largest brokerage and investment bank Daiwa…
M1 to acquire 70% stake in Vietnamese IT solutions provider for 719.9 billion dong
MOBILE network operator M1 is acquiring a 70 per cent stake in Vietnam-based IT solutions provider, ADG National Investment and Technology Development, for a total purchase consideration…
Citic to sell stake in McDonald’s China, HK operations for US$430.3 million
CHINA’S state-owned Citic has agreed to sell its 19.23 per cent stake in the company that operates fast-food chain McDonald’s across China and Hong Kong for US$430.3 million, fully exiting…
UBS sells its 50% stake in Swisscard to American Express
UBS is offloading part of the Credit Suisse business it acquired last year with a deal to sell the fallen bank’s 50 per cent stake in credit card provider Swisscard. UBS will sell its 50…
UN biodiversity conference: what's at stake?
The world's pledges to halt humankind's destruction of nature will be put to the test when the 16th UN conference on biodiversity opens Monday in Colombia. The COP16, held in the city of…
Dutch to cut ABN Amro stake further as exits gather pace
THE Dutch government plans to sell more shares in ABN Amro Bank, joining states across Europe in speeding up the exit from banks that were bailed out after the financial crisis. The…
GIC considering possible sale of 50% stake in Greenko Energy: Report
Greenko has 7.5 gigawatts of net installed capacity across wind, solar and hydro power in 15 states in India. | Representative Photo: Bloomberg 2 min read Last Updated : Oct 08 2024 | 7:22…
Saudi fund trims Nintendo stake after saying it wants more
Its ownership in the company falls to 7.54% from 8.58%, a filing to Japan’s finance ministry shows SAUDI Arabia’s sovereign wealth fund has disclosed that it sold down its stake in…
Activist investor Starboard Value takes $1 billion stake in Pfizer
Activist investor Starboard Value has taken a stake of about $1 billion in Pfizer. (Photo: Wikicommons) 2 min read Last Updated : Oct 07 2024 | 9:35 AM IST Activist investor Starboard…
Saudi Arabia’s PIF mulls larger stake in Nintendo: report
SAUDI Arabia’s Public Investment Fund (PIF) is considering raising its stakes in Nintendo and other Japanese gaming companies, Kyodo News reported on Saturday (Oct 5). Prince Faisal bin…
Temasek in talks for US$1 billion-plus stake in India’s biggest snack maker
TEMASEK Holdings is in talks to buy a minority stake in Haldiram Snacks, sources familiar with the matter said, a transaction that may value India’s biggest snack maker at about US$11…
7-Eleven owner seeking to sell off part of stake in banking unit
SEVEN & i Holdings, the convenience-store operator facing a takeover approach from Canada’s Alimentation Couche-Tard, is exploring the sale of part of its stake in Seven Bank, people with…
GIC agrees to buy 25% stake in EQT-backed waste company Reworld
The waste solutions provider serves municipal, residential, commercial and industrial customers in North America SINGAPORE’S sovereign wealth fund GIC has agreed to acquire a 25 per cent…
Pfizer raises US$3.2 billion by selling part of Haleon stake
Pfizer increased the number of shares to 640 million from 540 million after the sale began Pfizer has raised about US$3.2 billion from the sale of Haleon shares, as it further reduces its…
Malaysia’s Sarawak state secures largest stake in Affin Bank
MALAYSIA’S Sarawak state has emerged as the largest shareholder in Affin Bank after finalising a long-delayed deal to acquire additional shares in the lender. State-owned SG Assetfin…
Medco Energi in talks to buy controlling stake in Senoko: sources
Medco Energi Internasional is in exclusive talks to buy a controlling stake in Senoko Energy, according to people with knowledge of the matter, in a deal that could value the…
UOL, SingLand in preliminary talks to acquire half stake in Sydney building
PROPERTY developers UOL and Singapore Land (SingLand) are in preliminary confidential discussions with an unnamed party on the potential acquisition of a 50 per cent stake in “an office…