Mergers and Acquisitions
Australia’s Tuas ends $1.1B M1-Simba telco merger in Singapore
Australia's Tuas Limited, the parent firm of Singapore telecommunication heavyweight Simba Telecom, has terminated the merger between Simba and M1.
Singapore suspends review of proposed $1.1B M1-Simba telco consolidation
Singapore's Infocomm Media Development Authority (IMDA) has suspended its assessment of the proposed consolidation between M1 and Simba worth S$1.43 billion ($1.12 billion), pending the outcome of an investigation into Simba’s use of radio frequency spectrum.
Singapore’s Oneteam secures financing from GB Helios, completes second acquisition
Oneteam, a Singapore-headquartered small and medium-sized enterprise (SME) acquisition platform focused on succession solutions, announced Wednesday it has secured a dedicated merger and acquisition (M&A) financing facility from Polaris, the alternative financing arm of GB Helios, which formed part of the financing for its second acquisition completed…
TNGlobal Tracker: Southeast Asia Monthly Funding Snapshot – July 2025
The SEA Monthly Funding Tracker for July 2025 revealed a sharp pullback in startup investment activity across the region. Total funding in July 2025 fell to $68.0 million across 12 rounds, a 77.08 percent decrease from June 2025 ($296.7 million) and a 76.68 percent drop year‐on‐year compared to July 2024 ($291.6 million).
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
Behind the scenes of Synagistics’ historic de-SPAC listing
For Synagistics, its de-SPAC last October represented a strategic opportunity for the Singapore-based data-driven digital solutions provider. Co-founder Zanetta Lee said the listing gave it a platform to grow its business in both Southeast Asia and Greater China.
Kredivo Group acquires Indonesia’s earned wage access platform GajiGesa
This acquisition will mark Kredivo Group’s entry into the fast growing EWA market, and is in line with the group’s mission of providing fast, affordable and widely accessible financial services to its customers. Post-acquisition completion, GajiGesa will continue operating under its own brand, as a new business unit under Kredivo Group.
AirAsia X announces the extension of time to complete the acquisition of Capital A’s aviation business
The timeline has been extended by two months, from Jan 25 to Mar 24, 2025, allowing both parties additional time to finalize the transaction for AAAGL and AAB.
SC Ventures-incubated Dealcierge acquired by Eden Exchange to establish one of the largest M&A marketplace in APAC
The edenX platform brings together the complementary networks, technology, IP, and teams of Eden Exchange and Dealcierge to create an expanded digital and collaborative ecosystem aiming to drive market growth across Asia, Australia, New Zealand, and ultimately globally.
Intel receives multibillion-dollar Apollo offer as Qualcomm circles – report
The investment could provide the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm Inc, the report said.
