Mergers and Acquisitions

Elon Musk now says $44B Twitter deal “temporarily on hold”

Billionaire tech entrepreneur Elon Musk said on Friday the $44 billion deal to takeover Twitter is "temporarily on hold" as he awaits data related to the social media platform's…

Investree to acquire 18.4 percent stake in Indonesian digital bank Amar Bank

Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire…

Carousell to acquire fashion recommerce retailer Refash

Carousell Group, a Singapore-based recommerce group, announced Monday that it has signed a deal to acquire Refash, a Singapoore-based omnichannel fashion recommerce retailer, for…

Elon Musk’s $44B Twitter buyout challenged in shareholder lawsuit – report

Billionaire tech entrepreneur Elon Musk and social media firm Twitter Inc were sued on Friday by a Florida pension fund seeking to stop Musk from completing the $44 billion…

Malaysia’s unicorn Carsome acquires WapCar & AutoFun Businesses

Southeast Asia’s used car e-commerce platform Carsome Group announced on Thursday the acquisition of digital automotive content businesses under brands of WapCar and AutoFun from…

Germany’s Soundcloud acquires Singapore music AI firm Musiio

Germany music entertainment firm SoundCloud announced Tuesday it has acquired Musiio, a Singapore-based music artificial intelligence (AI) firm. Musiio will amplify SoundCloud’s…

Singapore’s The Parentinc acquires Vietnam women online community Webtretho

The Parentinc, a Singapore-based community platform for parents, announced Thursday the successful completion of acquisition of Webtretho, a Vietnam-based women and parenting…

Elon Musk to acquire & privatize Twitter for $44B

US-based social media platform Twitter, Inc. announced on Monday that it has entered into a definitive agreement to be acquired by an entity wholly owned by billionaire…

FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup

Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service…

Indonesia’s Xendit makes strategic investment in Bank Sahabat Sampoerna

Xendit, an Indonesia-based financial technology company that provides payment solutions, said Thursday it has made a strategic investment in Bank Sahabat Sampoerna, an Indonesian…