Advertisement
Singapore markets close in 6 hours 28 minutes

  • Straits Times Index

    3,303.29
    +10.60 (+0.32%)
     

  • Nikkei

    38,279.42
    +5.37 (+0.01%)
     

  • Hang Seng

    18,009.79
    +246.76 (+1.39%)
     

  • FTSE 100

    8,121.24
    -22.89 (-0.28%)
     

  • Bitcoin USD

    57,241.54
    -2,467.48 (-4.13%)
     

  • CMC Crypto 200

    1,256.89
    -82.18 (-6.13%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • Dow

    37,903.29
    +87.37 (+0.23%)
     

  • Nasdaq

    15,605.48
    -52.34 (-0.33%)
     

  • Gold

    2,332.70
    +21.70 (+0.94%)
     

  • Crude Oil

    79.32
    +0.32 (+0.41%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • FTSE Bursa Malaysia

    1,577.36
    +1.39 (+0.09%)
     

  • Jakarta Composite Index

    7,176.98
    -57.21 (-0.79%)
     

  • PSE Index

    6,665.57
    -34.92 (-0.52%)
     

Deals of the day-Mergers and acquisitions

Reuters SG
·1-min read

July 21 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Friday:

** Ronesans Holding Chairman Erman Ilicak said France's TotalEnergies had acquired a 50% stake in the Turkish conglomerate's renewable energy subsidiary Ronesans Enerji. The company did not provide detail on the price of the acquisition.

** French aerospace group Safran said it had made a cash offer to buy the actuation and flight control business of Collins Aerospace in a deal valuing it at $1.8 billion, to become a leader in certain critical cockpit functions.

** Australia has barred the takeover of financially stricken lithium miner Alita Resources Ltd by a China-linked company after advice from its Foreign Investment Review Board, a spokesperson for Treasurer Jim Chalmers said.

ADVERTISEMENT

** British asset manager Liontrust said it had made its final offer for Swiss rival GAM Holding, after a backlash from some investors against the planned takeover.

** Singapore sovereign wealth fund GIC said it was acquiring a logistics facility in Japan from real estate developer Daiwa House Industry.

** National Football League owners have unanimously approved the sale of the Washington Commanders franchise to a group led by the co-owner of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, the league said on Thursday.

** A group led by blockchain investors Matthew Roszak and Peter Vessenes are nearing a $125 million deal for cryptocurrency-focused media firm CoinDesk, the Wall Street Journal reported on Thursday, citing people familiar with the matter. (Compiled by Rajarshi Roy and Pratik Jain in Bengaluru)