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ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil - THE EDGE SINGAPORE

M&A

ComfortDelGro buys buses and depots in Queensland, Australia for $17.5 mil

CDG is acquiring the business assets of Young’s Bus Services, including 42 buses and two depots.

M&A

Intel weighs testing Abu Dhabi resolve with GlobalFoundries bid

A deal for GlobalFoundries would “significantly accelerate” Intel’s plans
LHN Group acquires Tuas South industrial property for $21 mil - THE EDGE SINGAPORE

M&A

LHN Group acquires Tuas South industrial property for $21 mil

The property comprises an industrial building, factories, and a workers' dormitory.
OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake - THE EDGE SINGAPORE

M&A

OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake

OUE and Auric Capital received 21.9% acceptances for their voluntary tender offer.
KTL Global acquires 51% stake in EBuy for $1.5 mil - THE EDGE SINGAPORE

M&A

KTL Global acquires 51% stake in EBuy for $1.5 mil

KTL Global expands its fresh produce business with acquisition of 51% stake in EBuy.

M&A

Mercurius diversifies into grocery business in Malaysia with $36 mil acquisition of Songmart Holdings

Mercurius diversifies into supermarket business with a new acquisition.
Rex International invests US$4 mil in drone company owned by controlling shareholders - THE EDGE SINGAPORE

M&A

Rex International invests US$4 mil in drone company owned by controlling shareholders

Karl and Hans Lindgren, who hold 34.7% in Rex International, collectively own a 95% stake in the drone company.
Yinda Infocomm enter into term sheet to acquire Austrian tech business  - THE EDGE SINGAPORE

M&A

Yinda Infocomm enter into term sheet to acquire Austrian tech business

Shares in Yinda Infocomm last traded at 29.5 cents on July 4, following a trading halt on the morning of July 5.
Growing hunger in SPAC listing feeds M&A growth - THE EDGE SINGAPORE

M&A

Growing hunger in SPAC listing feeds M&A growth

Growing hunger in SPAC listing feeds M&A growth.

M&A

Asian Healthcare Specialists to acquire remaining 49% shares in Cornerstone Asia Health for $16 mil

The proposed acquisition, upon completion, will give Asian Healthcare Specialists full control over Cornerstone Asia Health.
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