acquisition

SINGAPORE (Oct 16): GIC has agreed to acquire Tour Ariane, a 40-storey office tower with a gross lettable area of 64,500 sqm for approximately €465 million ($741 million), from Unibail-Rodamco-Westfield.  

SINGAPORE (Sept 29): Ascendas REIT is scaling up its portfolio in the UK with the proposed acquisition of a portfolio of 26 logistics properties for £257.5 million ($459.2 million).

SINGAPORE (Sept 24): The manager of Keppel-KBS US REIT is acquiring 21 buildings in a US suburban business campus for a consideration of US$169.4 million ($231.4 million).

SINGAPORE (Sept 21): RHB Research is maintaining “buy” on Thai Beverage (ThaiBev) with an unchanged target price of 88 cents despite expectations of 4Q18 alcohol volumes to continue their decline due to the high base effect in 4Q17, which saw trade ag

(Sept 21): Uber Technologies Inc. is in early talks to buy food-delivery company Deliveroo for several billion dollars, according to people familiar with the plans.

SINGAPORE (Sept 18): CapitaLand has acquired a portfolio of 16 freehold, Class B multifamily properties in the US for US$835 million ($1.14 billion).

(Sept 4): Offshore oil driller Transocean said on Tuesday it would buy peer Ocean Rig UDW Inc in a US$2.7 billion ($3.7 billion) cash-and-stock deal, its second major acquisition this year as the company bets on a recovery in the offshore sector.

SINGAPORE (Aug 23): Clearbridge Health’s wholly-owned subsidiary, SAM Laboratory, is acquiring a controlling stake in PT Indo Genesis Medika, a company incorporated in Indonesia, for an aggregate consideration of about IDR 40.7 billion ($3.8 million).

SINGAPORE (Aug 23): Saudi Arabian Oil Co is focusing on buying a strategic stake in chemical giant Saudi Basic Industries Corp, putting work on its potential initial public offering on hold, according to people familiar with the matter.

SINGAPORE (Aug 6): MindChamps Preschool saw a near doubling of 2Q earnings to $1.3 million from $0.7 million in 2Q17 on higher revenue.