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JD.com, the powerful e-commerce platform based in China, has been officially notified of regulatory apprehensions related to their proposed $2.5 billion acquisition of the German electronic retailer, Ceconomy. This development could potentially necessitate…
Three major Chinese airline companies are set to acquire 95 aircraft from Airbus, in deals collectively valued at approximately $17.8 billion. This comes as part of a concerted effort by these airlines to expand their capacities and modernise their fleets…
In significant financial news, payment giant PayPal Holdings Inc has reportedly received a joint acquisition bid from payments provider Stripe and private equity powerhouse Advent International. The offer, which values PayPal at a staggering $53 billion USD,…
DBS Group, the largest bank in Southeast Asia in terms of assets, recently completed a pioneering synthetic securitization transaction. This transaction, which is tied to a corporate loan portfolio worth $1 billion, marks the first of its kind to be carried…
Apple’s transition to Intel chips, as reported last week, displays a strategic move driven by necessity and ambition. However, industry experts suggest this is not a straightforward transition, as advanced Intel chips typically require two to three years to…
Yum Brands, the global owner and franchiser of popular restaurant chains such as KFC, Pizza Hut, and Taco Bell, operates Yum China as a master franchisee. The franchisee oversees the operation of these three brands within Mainland China and has been…
Marks & Spencer (M&S), the iconic British retailer, has recently announced a continuation of its operations in the Philippines. This is possible due to a fresh franchise agreement with PT Mitra Adiperkasa Tbk (MAP), an Indonesian retail giant. MAP has had a…
Li-Ning, a prominent sportswear company in China, has recently announced a multi-faceted partnership with NBA Star, Stephen Curry. This exciting collaboration will initially emphasize on the sport of basketball and golf, with future plans to expand into…
Fast-fashion digital platform, Shein, is set to acquire Everlane from its predominant owner, L Catterton, in a transaction that estimates the US-based clothing retailer at roughly US$100 million. As part of the agreement, those possessing common stock in…
CRC Sports, a division of Central Retail, has recently acquired a significant 40% stake in JD Sports Thailand. This strategic move is aimed at bolstering the company’s standing in Thailand’s rapidly expanding sports fashion sector. The transaction is…
In an ambitious move towards global expansion, Grab, Southeast Asia’s leading ride-hailing and delivery company, has announced its first venture beyond its home territory. The Singapore-based firm will acquire the Taiwan branch of Delivery Hero’s Foodpanda…
The Singapore-founded super app, Grab, has declared its venture beyond Southeast Asia with a proposed acquisition of Foodpanda’s Taiwan operation, owned by Delivery Hero, for a cash sum of US$600 million. This acquisition is anticipated to conclude in the…
Estee Lauder, a renowned global manufacturer and marketer of skincare, makeup, and beauty products, has acquired the remaining shares of the luxury Indian beauty brand, Forest Essentials. This move finalizes an 18-year partnership between the two entities,…
Thai retail powerhouse CP Axtra has secured a deal to acquire the Malaysian supermarket operator, The Food Purveyor, for a sum of US$421.6 million. The Food Purveyor’s Market Presence The Food Purveyor boasts a wide range of premium grocery brands under its…
Vietnam Airlines and Sun PhuQuoc Airways have entered into a significant agreement to acquire a total of 90 Boeing aircraft in a deal estimated to be worth over US$30 billion. The high-profile contract signing event was held in Washington, D.C., with the…
The well-known, short-form video application, TikTok, has made strides towards securing its future in the U.S. market. The company’s U.S. assets will be sold to an American investor group following the signing of necessary agreements. This move is a…
