Mergers and Acquisitions
Singapore’s SPH Media to acquire tech media firm Tech in Asia
Financial terms of the transaction will not be disclosed.
Malaysia’s Capital A prepares to raise more than $1B in debt, equity as it prepares New York SPAC listing – report
Fernandes has agreed a deal with Aetherium Acquisition, a special purpose acquisition company trading on NASDAQ, and plans to list several businesses through it next year, the FT reported.
Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say
Momentum Works, a venture outfit, estimated Foodpanda's Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in Singapore, Malaysia and the Philippines, and third in Thailand in 2022.
Delivery Hero’s foodpanda’s business could be sold to Grab? – report
Delivery Hero plans to sell its activities under the foodpanda brand in Singapore, Cambodia, Laos, Malaysia, Myanmar, the Philippines and Thailand.
ORIGIN Conference: Navigating the Evolving Landscape of Investment and M&A in Southeast Asia
The ORIGIN Conference highlighted investing as well as mergers and acquisitions in the Southeast Asian scene from the perspective of business leaders from Singapore, Malaysia, and Indonesia through the panel, "Navigating the Evolving Landscape of Investment and M&A in Southeast Asia."
BEYOND EXPO 2023: Malaysia’s Aerodyne plans to raise up to $200M in Series C round; IPO in two to three years’ time
Aerodyne’s plan to raise Series C round also comes after its bridging round in September last year.
Toku acquires customer engagement firm Activeo Singapore to boost APAC businesses
Toku, a Singapore-based dedicated cloud communications provider, has on Tuesday announced that it has signed an agreement to acquire the Southeast Asia operations of Activeo, a leading customer experience (CX) consulting firm headquartered in France.
Singapore’s Alta acquires private digital securities exchange Hg Exchange
Singapore-based digital marketplace for alternative investments Alta (previously known as Fundnel) announced Monday the acquisition of the leading private digital securities exchange Hg Exchange (HGX).
Singapore’s Endowus acquires Hong Kong’s Carret Private Investments to boost wealth management business
Endowus, the Singapore-based digital wealth advisory platform, announced Monday that it has completed its acquisition of a majority stake in Carret Private Investments Limited, a Hong Kong-based wealth manager and multi-family office that serves ultra-high-net-worth individuals, families, trusts and charitable organisations.
PropertyGuru acquires Singapore home services technology company Sendhelper
PropertyGuru Group Limited, the Singapore-based property technology company, announced Friday that it has acquired Sendhelper, a Singapore home services technology company.
