** Brazil's Diagnosticos da America (Dasa) and health insurance operator Amil have agreed to combine their hospital businesses, setting up a joint venture with almost 10 billion reais ($1.86 billion) in net revenue, the firms said. ** Privately owned fintech group ION has received a green light from Italy's central bank to buy bad loan and property manager Prelios from U.S. hedge fund Davidson Kempner, two sources with knowledge of the matter said. ** Spain's Sabadell has postponed the completion of the sale of its retailers' payments business to Nexi after becoming the target of a hostile takeover by BBVA, two sources with knowledge of the matter said.
Yuewen CEO Hou Xiaonan: Accelerating the International Expansion of Chinese IPWUXI, CHINA - Media OutReach Newswire - 14 June 2024 - On June 13, 2024, the "Great Meetings in Singapore" - the 7th Greater China MICE Industry Conference hosted by the Singapore Tourism Board, was held in Wuxi, China. At the event, the Singapore Tourism Board and Yuewen signed a strategic cooperation agreement. Ou Yanmei, Director of the Singapore Tourism Board, and Hou Xiaonan, CEO and President of Yuewen, attended
The independent directors of Singapore's Great Eastern have been advised to recommended that minority shareholders accept a S$1.4 billion ($1.03 billion) offer from the insurer's top investor Oversea-Chinese Banking Corp (OCBC). Ernst & Young, the financial adviser to the independent directors, said the terms of the offer were "reasonable" and advised them to recommend the deal, Great Eastern said in a statement.