The gateway between Europe & Asia
Newsletter by Index-Asia
Some of the latest selected deals of the area:
[Retail] [Acquisition] San Miguel Corp has acquired Best Bottlers Pty Ltd, a wine bottling and specialized packaging facility based in Australia for an undisclosed sum. https://www.rappler.com/
[Infrastructure] [Acquisition] Metro Pacific Investments Corp has acquired 42.25% stake in PT Nusantara Infrastructure Tbk, an Indonesian infrastructure firm for $132m. http://www.philstar.com/
[Hospitality] [Acquisition] DoubleDragon Properties Corp. has acquired 70% stake in Hotel of Asia Inc. for PHP832.17m. https://www.rappler.com/
[Infrastructure] [Acquisition] Metro Pacific Investments Corp. has bought into BOO Phu Ninh Water Treatment Plant Joint Stock Company, a Vietnam-based water company for PHP 615m. http://bworldonline.com/metro-
[Energy] [Acquisition] Basic Energy Corp. agrees to invest an undisclosed amount to acquire 12.5% stake in each of Vintage EPC Co. Ltd. and Vintage International Construction Co., subsidiaries of Thailand-based Vintage Engineering. http://business.inquirer.net/
[Retail] [Merger] Puregold Price Club Inc is merging with three supermarket firms owned by Estenso Equities Inc, its 50-50 joint venture with Ayala Corp. to increase the store count of Puregold brand to 324. https://www.dealstreetasia.
[Mining] [Acquisition] Anglo Philippine Holdings Corp is increasing its stake in Atlas Consolidated Mining and Development Corp from 8% to 32% for $73.6m https://www.dealstreetasia.
[Energy] [Acquisition] Harbor Star Shipping Services Inc. acquires 60% of Astronergy Development Gensan Inc. for $6.3m http://bworldonline.com/