stake

Retail Asia02/08/2019

LVMH has bought a cornerstone share in Stella McCartney House. Full details of the deal will be released in September, however LVMH has confirmed Stella McCartney will continue as creative director and ambassador of her brand, while holding majority ownership. LVMH’s archrival house Kering previously held a stake in Stella McCartney House until the celebrity […]

Retail Asia30/01/2019

Singapore-based Keppel Corp will sell 70 percent stake in a waterfront township project to a Vietnamese investor for $100 million. The company said in a release Monday that, pending certain developments, it will sell its stake in the Dong Nai Waterfront City Company (DNWC) to Ho Chi Minh City-based Nam Long Investment Corp for VND2.31 […]

Retail Asia14/01/2019

The Seaf Women’s Opportunity Fund has acquired a 30 percent stake in Organica, promising the Vietnam all-round support. While not mentioning the specific investment value, Jennifer Buckley, SEAF’s senior managing director, said the fund will support Organica in operations, distribution, and network expansion. In addition to being a strategic shareholder, the fund will also give […]

Retail Asia11/01/2019

After a steep correction last year and pressure on the rupiah, Indonesia expects stability to return to its financial markets this year as foreign capital starts flowing back into the domestic market. The first bond offerings of the year last week were more than three times oversubscribed, with interest mainly coming from foreign investors, who also bought […]

Retail Asia10/01/2019

Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains the majority stake. According to report, Temasek made the investment expecting the business to be […]

Retail Asia08/01/2019

Vietcombank, Vietnam’s largest bank by market cap, has received permission from the securities watchdog to sell a 3 percent stake to foreign investors. The green light from the State Securities Commission (SSC) will allow the lender to make a private placement of 3 percent as part of its plan to ultimately sell 10 percent. The […]

Retail Asia08/01/2019

The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The US$ 4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on August 31, 2018. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global […]

Retail Asia08/01/2019

A Singaporean shareholder in Vinamilk is seeking to increase its stake in Vietnam’s largest dairy firm. Jardine Cycle & Carriage Ltd has registered to buy 17.41 million shares between January 9 and February 7 through its wholly-owned local subsidiary, Platinum Victory, which will enable it to increase its ownership in Vinamilk from over 10 percent […]

Retail Asia06/12/2018

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Private equity company KKR is to invest as much as S$500 million (US$366 million) into V3, the parent of cafe chain TWG Tea and massage chair retailer Osim, to fund regional expansion. In a deal which mixes equity and financing, KKR will take an unspecified “significant stake” in V3, which is effectively valued at S$1.7 […]

Retail Asia14/12/2017

A unit of Thai Beverage (TBEV.SI) has emerged as the only prospective bidder for state-owned shares in Sabeco (SAB.HM) that has declared that it could lead to it owning 25 percent or more of Vietnam’s biggest brewer, the Trade Ministry said on Monday. The auction of up to 54 percent of Sabeco worth at least […]

Retail Asia17/08/2016

Singtel is reportedly in talks regarding indirectly increasing its stake in Thailand’s top mobile operator AIS. The operator is negotiating with Temasek Holdings regarding a sale of part of the investment company’s 41% stake in Intouch, a major shareholder in AIS. Temasek Holdings is a Singaporean state-owned investment company which holds a 51% majority stake […]

Tag: stake

LVMH takes stake in Stella McCartney House

Keppel to sell 70 pct stake in Vietnam waterfront township

American fund acquires stake in Vietnamese organic food firm

Confidence Returns to Indonesia’s Financial Markets

Temasek plans to sell AS Watson stake

Vietcombank to sell 3 percent stake to foreign investors

The Coca-Cola Company completes acquisition of Costa

Singapore company seeks to increase stake in Vietnam’s largest dairy firm

KKR to acquire significant stake in V3, TWG Tea

Thai Beverage unit to bid for at least 25 percent of Sabeco

Singtel said to plan to increase stake in AIS