by Simon | Feb 12, 2020 | News, SEAPEC
Japan’s Mitsubishi Materials Corp (MMC) (5711.T) has bought a 30% stake in Mantoverde copper mine and an associated copper project from Mantos Copper for $236 million to secure more concentrates for its smelters, the company said on Friday. The mine, which has 2.1...
by Simon | Feb 12, 2020 | News, SEAPEC
Ken Wong, head of EQT Australia and New Zealand, will relocate from Singapore to head up office Swedish private equity firm EQT is expanding its operations in the Asia-Pacific region with the opening of a new office in Sydney. The new branch will be led by Ken Wong,...
by Simon | Dec 19, 2019 | News, SEAPEC
Intel Corp. bought Habana Labs, an Israeli startup that develops chips for artificial intelligence applications, for about $2 billion to bolster its efforts in the fast-growing market for AI silicon. The purchase is the latest in a string of acquisitions aimed at...
by Simon | Dec 19, 2019 | News, SEAPEC
American Express Global Business Travel said Carlyle Group and several big name investors are buying a stake in the corporate travel company. American Express Co. will retain 50% ownership, according to a statement Tuesday. The deal values the unit at $5 billion,...
by Simon | Dec 9, 2019 | News, NPCD, SEAPEC
Danish serial entrepreneurs Mads Faurholt and Stefan Bruun have sold their stake in the comparison platform CompareAsiaGroup through their investment company Nova Founders Capital at a price that values the company at more than $200 million. The sale follows just...
by Simon | Nov 21, 2019 | News, SEAPEC
Sabana Shari’ah Compliant Industrial REIT and ESR-REIT, two Singapore-listed real estate investment trusts, are being urged to merge by activist fund Quarz Capital Management Ltd. Quarz began buying into Sabana REIT in 2018 and controls around 4% to 5% of the firm,...
