Home Mergers & Acquisitions
Indonesian rubber producer, Indo Komoditi has acquired Sinar Cahaya Cemerlang (SCC), a local unit of Zonergy for US$33 million which will be supplied by major shareholders Alam Tulus Abadi (ATA) and Sinoasia. The shareholders' approval for transaction is slated on March 2, 2017.
Chinese accelerator ZDream Ventures has on Thursday acquired India-based startup database provider Xeler8. The financial details of the transaction was not disclosed.
Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.
The China-CEE Fund, which focuses its investments in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of €202 million (about US$214 million).
Singaporean The Artling aims to be the go-to online art gallery for Asia, as it raises a US$1.78 million Series A intended for marketing and talent acquisition. The online art platform also bought Artshare.com in order to expand into Hong Kong and Great China.
Golf inventory aggregator GolfLAN has made its second acquisition in six months, purchasing Singapore-based competitor GolfGreedy in a cash-and-stock deal.
Aurobindo Pharma has inked the binding agreement, through its wholly-owned subsidiary Agile Pharma BV of Netherlands, to acquire Generis Farmaceutica SA from Magnum Capital Partners for a total consideration of 135 million euros.
Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.
Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve...
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).
Singapore's Carousell, a mobile peer-to-peer marketplace expands into the used-car dealership space as it acquires Caarly, a used-car app platform. Besides, the company also strengthens its team as it announces the new hires of Winnie Khoo as its General Manager and Rakesh Maleni as its CFO.