Mergers & Acquisitions

Blibli acquires online travel agent to strengthen travel foothold

The acquisition of Tiket by Blibli will help the ecommerce site to strengthen its foothold into the travel industry.

Singapore Press Holdings partners RecomN Technologies to launch service matching portal

SPH will take a one-third stake in the startup for S$980K (about US$708k)

Flutter Asia buys Perfect Match Jakarta to become the top Indonesian dating platform

Flutter Asia is set to introduce new freemium features for its users in Indonesia

Malaysian beauty e-commerce site Hermo to be acquired by istyle

Gobi Partners exit Malaysian beauty e-commerce site Hermo with 91 percent IRR.

Temasek to take majority stake in Global Healthcare Exchange

The provider of the cloud-based supply chain management technology and services has been under the ownership of Thorma Bravo since 2014.

MyEG in talks to acquire food review website Eat Drink KL

This talks of acquisition comes in the time when MyEG intends to diversify and increase its commercial business.

GDP Ventures in talks to acquire Indonesian online travel agent

Venture capital firm GDP Ventures is currently in talks to acquire more than 50 percent of shares in Indonesian online travel agent If...

TNB completes acquisition of major solar power portfolio Vortex Solar in Britain

The acquisition has a total enterprise value of circa GBP 470 million.

Star Media Group gains board’s approval for stake sale in Cityneon

With the approval, Star Media Group Bhd will sell its entire 52.2 percent stake in the service idea agency.

Jollibee gains control over SuperFoods Group ahead of Vietnam IPO

Philippine’s homegrown fast food giant Jollibee Foods Corp (JFC) said on Thursday that its subsidiary JSF Investments Pte. Ltd has hiked its stakes in SuperFoods Group to 60 percent. The 10 percent increase from its previous 50-50 ownership share comes from its partner in the joint venture, Viet Thai International Joint Stock Co. (VTI). This […]
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