merger and acquisition (M&A)

Ernst & Young: sustainability less important for CEOs compared to a year ago, M&A key strategy globally - THE EDGE SINGAPORE

Finance

Ernst & Young: sustainability less important for CEOs compared to a year ago, M&A key strategy globally

A recent EY survey has highlighted Singapore executives' deprioritising the importance of sustainability compared to a year ago.

M&A

VCPlus to acquire APEC Solutions for $5 mil

The consideration will be paid via the issuance of 172.4 million new shares in VCPlus.
Yinda Infocomm enter into term sheet to acquire Austrian tech business  - THE EDGE SINGAPORE

M&A

Yinda Infocomm enter into term sheet to acquire Austrian tech business

Shares in Yinda Infocomm last traded at 29.5 cents on July 4, following a trading halt on the morning of July 5.
Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20 - THE EDGE SINGAPORE

Broker's Calls

Analysts cheer merger between Keppel and SembMarine with TP estimate on Keppel of at least $6.20

Analysts from DBS and UOB Kay Hian have kept "buy" on Keppel Corp while OCBC has upgraded Keppel Corp to "buy" from "hold".

Offshore & Marine

Sembcorp Marine and Keppel begin long-awaited merger talk of O&M business

The MOU is confirmation of a widely-expected restructuring exercise investors and analysts have been suggesting for years.
SembMarine seeks to raise $1.5 bil through rights issue; enters into MOU with Keppel O&M on potential merger - THE EDGE SINGAPORE

Offshore & Marine

SembMarine seeks to raise $1.5 bil through rights issue; enters into MOU with Keppel O&M on potential merger

If successfully completed, the merger is expected to be a listed entity and accretive to Keppel Corporation’s earnings.
Olam Food Ingredients expands Spices portfolio, acquires US chile pepper business for US$108.5 mil - THE EDGE SINGAPORE

M&A

Olam Food Ingredients expands Spices portfolio, acquires US chile pepper business for US$108.5 mil

This is the first major acquisition for Olam Food Ingredients after Olam’s reorganisation.
Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv - THE EDGE SINGAPORE

Banking & finance

Singapore's investment banking activities plunges to US$443.1 million in first nine months of 2020: Refinitiv

Investment activities in Singapore amounted to US$443.1 million ($600.8 million) in the first nine months of the year, down 39.9%

M&A

AEM gets in-principle from SGX for the listing and quotation of shares in connection with DB Design acquisition

As at 2.14pm, shares in AEM were trading 8 cents higher, or 2.0% up at $4.16.
ESR-REIT plans growth by merger with Sabana REIT

REITs

ESR-REIT plans growth by merger with Sabana REIT

The managers of ESR-REIT and Sabana Shariah Compliant Industrial REIT — both controlled by ESR Cayman — have announced the proposed merger of the two REITs via a trust scheme of arrangement.
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