Bid

Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Fu Yu’s largest shareholder Victor Lim reinstated as director of strategy, makes new bid for board membership
Reinstatement is in view of his ‘ability to contribute to the group’, says company without further elaboration [SINGAPORE] Components manufacturer Fu Yu has since Nov 1 reinstated its largest...
Larry Ellison offers US.4 billion guarantee to beef up Paramount’s Warner Bros bid
Larry Ellison offers US$40.4 billion guarantee to beef up Paramount’s Warner Bros bid
[LOS ANGELES] Oracle co-founder Larry Ellison will provide a personal guarantee of US$40.4 billion in equity financing to back Paramount Skydance’s all-cash US$108.4 billion bid for Warner Bros Discovery,...
Netflix refinances part of US billion loan for Warner Bros bid
Netflix refinances part of US$59 billion loan for Warner Bros bid
The streaming giant plans to tap capital markets to further reduce its bridge facility and extend its debt maturities[LOS ANGELES] Netflix refinanced part of a US$59 billion bridge loan...
Sias calls on Singapore Paincare to clarify actions after failed privatisation bid
Sias calls on Singapore Paincare to clarify actions after failed privatisation bid
[SINGAPORE] The Securities Investors Association (Singapore), or Sias, called on medical services company Singapore Paincare to clarify its actions after its privatisation bid failed earlier this month.The move is...
Australia unveils rescue bid for Rio Tinto’s Tomago aluminium smelter
Australia unveils rescue bid for Rio Tinto’s Tomago aluminium smelter
“If Australia doesn’t produce aluminium, then the knock-on effect in other industries is significant,” warns Prime Minister Anthony Albanese[SYDNEY] Prime Minister Anthony Albanese announced on Friday (Dec 12) a...
Temasek, top funds bid in Swiggy’s US.1 billion share sale
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand[MUMBAI] Global investors, including Temasek Holdings and Capital Group, are offering to buy shares in Swiggy, according to...
Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline
Singapore Paincare privatisation bid fails as offeror fails to meet conditions by deadline
[SINGAPORE] A privatisation offer for medical services company Singapore Paincare has fallen through, as the offeror, Advance Bridge Healthcare, was unable to satisfy the conditions of the scheme of...
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Singapore’s SGX mulls bid for Cboe Australia, AFR reports
Australia’s financial regulator is working closely with the parent company to find a suitable buyer[SYDNEY] Singapore’s stock exchange is considering buying Cboe Global Markets’ Australian unit, the Australian Financial...
OCBC files bid to wind up consumer electronics trader TT International
OCBC files bid to wind up consumer electronics trader TT International
[SINGAPORE] OCBC has filed a winding-up application against consumer electronics trader TT International, whose debts are being restructured under a scheme of arrangement. The company owes OCBC at least S$21.7...
China’s Anta Sports is said to explore potential bid for Puma
China’s Anta Sports is said to explore potential bid for Puma
[HONG KONG] Chinese sports apparel company Anta Sports Products is among firms exploring a potential takeover of Puma, according to sources familiar with the matter.Hong Kong-listed Anta has been...