Aby Jose Koilparambil
Stories by Aby Jose Koilparambil
UK’s Rightmove to consider sweetened $8.3b takeover bid from REA Group
Rightmove rejected the last three proposals from REA, saying they undervalued the company.
Australia’s National Storage REIT says Warburg Pincus made $1.2b bid
The Warburg Pincus proposal competes with China's Gaw Capital Partners' offer and NY-listed Public Storage's bid.
Singapore’s Puma Energy to sell fuels unit to Chevron Australia for $288m
Puma Energy was among Trafigura's loss-making businesses, with a net loss of $500 million for the year to Sept. 30.
AB InBev’s $11b Australian asset sale to Asahi hits hurdle
AB InBev’s planned sale of Carlton & United Breweries is part of its drive to lower debt after buying SABMiller in 2016.
WeWork to open two new locations in SG amid cost-cutting plans
The move is contradictory to reports that indicate that its parent firm is considering a curb on China expansion.
Australia’s Nufarm to sell S American assets to Sumitomo for $805m
The divestment includes assets in Brazil, Argentina, Chile and Colombia.
NZ-based dairy major Fonterra to sell 50% in DFE Pharma for $400m
The world’s biggest dairy exporter is trimming its overseas portfolio to focus on domestic business.
China Mengniu Dairy to buy Australian baby formula firm for $983m
Bellamy's, once feted for its China exposure, has faced increasing challenges with new Chinese customs rules for e-commerce purchases.
Australia’s Wesfarmers to buy online retailer Catch Group for $160m
Catch Group will operate as an independent business unit.
Australia’s AGL Energy comes back with fresh offer of $2.1b for Vocus
The offer is below a buyout proposal made by EQT Infrastructure, which dropped its bid last week.
