Bid
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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…
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Warner Bros likely to reject US$108 billion Paramount bid, back Netflix in bidding war: sources
WARNER Bros Discovery’s board could announce a decision as early as Wednesday on Paramount Skydance’s US$108.4 billion takeover bid, with the board likely to advise shareholders to vote against the…
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Warner Bros Discovery board rejects rival bid from Paramount
[LOS ANGELES] Warner Bros Discovery’s board rejected Paramount Skydance’s US$108.4 billion hostile bid on Wednesday (Dec 17), saying it failed to provide adequate financing assurances. In a letter to shareholders,…
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Marjorie Taylor Greene Reportedly Set To Launch Bid To Oust Speaker Mike Johnson Before Leaving Congress
Republican Rep. Marjorie Taylor Greene intends to launch a bid to oust House Speaker Mike Johnson before leaving Congress in early January, according to a new report. MS Now detailed…
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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…
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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…
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Warner Bros fight heats up with US$108 billion hostile bid from Paramount
Acceptance of the bid would trigger a US$2.8 billion breakup fee payable to Netflix [LOS ANGELES] Paramount Skydance on Monday (Dec 9) launched a hostile bid worth US$108.4 billion for…
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Jardine Matheson’s bid to privatise Mandarin Oriental gets shareholders’ nod
The required majority are in favour of the scheme of arrangement at US$3.35 a share [SINGAPORE] Shareholders of Mandarin Oriental International on Monday (Dec 8) voted in favour of Jardine…
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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 arrangement…
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SGX not exploring or considering bid for Cboe Australia
[SINGAPORE] Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review report. “The speculation reported in the AFR article and other media…
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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…
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Trump administration backs Bayer’s bid to curb Roundup lawsuits
The company is facing more than 67,000 such lawsuits in US state and federal courts [WASHINGTON] US President Donald Trump’s administration urged the Supreme Court on Monday (Dec 1) to…
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China earnings miss casts doubt on Xi’s bid to end deflation
[BEIJING] Beijing’s campaign to rein in price wars and blunt deflation has done little to lift third-quarter earnings, leaving investors short on catalysts as Chinese stocks extend their losses into…
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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…
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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…