acquisition

SINGAPORE (Nov 29): Cromwell European REIT (CEREIT) has completed the acquisition of a freehold office property in Italy for a total cost of 18.5 million euros ($27.8 million).

(Nov 25): HP Inc reiterated on Sunday its rejection of Xerox Corp’s US$33.5 billion ($45.7 billion) cash-and-stock offer for the company, adding that the proposal “significantly undervalues HP.”

SINGAPORE (Nov 18): Two weeks ago, search giant Google acquired fledgling fitness device maker, Fitbit, for US$2.1 billion ($2.9 billion). In mid2015, Fitbit was listed at a US$4.1 billion valuation, with its stock soaring to US$51.90 within six weeks of

SINGAPORE (Nov 7): SPH REIT is acquiring a 50.0% stake in Westfield Marion Shopping Centre in Adelaide, Australia, for a consideration of A$670.0 million ($636.5 million). 

 

SINGAPORE (Oct 2): Chip Eng Seng Corporation (CES) is acquiring Sembcorp Industries’ (SCI) commercial construction business unit for $49.9 million, both Mainboard-listed companies announced in separate SGX filings on Wednesday.

SINGAPORE (Sept 2): Top Global, the property developer and hospitality and facility manager, will acquire 23 freehold commercial strata-titled lots with 43 property addresses in Thong Teck Building at 15 Scotts Road.