termination of acquisition

Deals, joint ventures & alliances

PSC Corporation terminates agreement to acquire Dean Fa Food Co

The termination came about as the closing conditions of the SPA could not be completed, says PSC Corporation.
Frasers Property terminates agreement relating to 75% acquisition in Vietnamese property firm - THE EDGE SINGAPORE

Company in the news

Frasers Property terminates agreement relating to 75% acquisition in Vietnamese property firm

The full deposit of some $2.35 million pertaining to the agreement has been refunded.

In print this week

What's next for Kimly amid its ongoing probe?

SINGAPORE (Dec 21): The past weeks have been rough for coffee shop chain operator Kimly, whose IPO on Catalist last year was among the most sought after. The group’s first major acquisition since its listing on Catalist has been rescinded.

M&A

ComfortDelGro and Uber part ways; Lion City acquisition terminated

SINGAPORE (May 25): ComfortDelGro and Uber Technologies have agreed to dissolve the strategic agreement that they entered into last December.
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