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Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
[ad_1] HUTCHMED (China), controlled by Hong Kong billionaire tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the 96-year-old tycoon and his flagship conglomerate...
Justin Baldoni Sues New York Times for $250 Million Over Blake Lively Harassment Story – E! Online
[ad_1] Freedman, a lawyer for Baldoni and his production company Wayfarer Studios, previously denied Lively's complaint allegations, calling it “another desperate attempt to ‘fix’ her negative reputation.” “These claims are...
Nvidia closes US$700 million Run:ai acquisition after regulatory hurdles
[ad_1] CHIPMAKER Nvidia has completed its acquisition of Israeli AI firm Run:ai, the startup said on Monday (Dec 30), following antitrust scrutiny over the buyout.The European Commission granted unconditional approval...
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
[ad_1] The sale is not expected to have an impact on the group’s net tangle assets or earnings per shareOCBC has agreed to sell its entire stake in Hong Kong...
Singapore’s container throughput hits over 40 million TEUs in 2024, breaks record
[ad_1] THE box throughput handled by the Singapore port in 2024 surpassed 40 million twenty-foot equivalent units (TEUs), exceeding its record of 39 million TEUs in 2023.The exact volume of...
Koh Brothers Eco unit wins S$313.9 million LTA contract to build bus depot
[ad_1] CATALIST-LISTED engineering solutions provider Koh Brothers Eco Engineering was awarded a S$313.9 million contract by the Land Transport Authority (LTA) through its wholly owned subsidiary, Koh Brothers Building &...
Taiwan blocks Uber’s US$950 million Foodpanda deal over competition concerns
[ad_1] TAIWAN has blocked Uber Technologies’ US$950 million purchase of Delivery Hero’s Foodpanda business on the island because of concerns it would be anti-competitive, the Fair Trade Commission (FTC) said...
Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
[ad_1] CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) will be renamed Stoneweg European Reit from Jan 2, 2025, with corresponding updates to its security and counter names on the...
Competition watchdog fines two interior-construction firms nearly S$10 million for rigging tender bids
[ad_1] TWO contractors who provide interior fit-out construction services for non-residential properties were penalised by the Competition and Consumer Commission of Singapore (CCCS) for rigging the bids for several tenders,...