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UOB Group to take over Citi’s consumer banking sector in Thailand, 3 other nations
FRIDAY, JANUARY 14, 2022
The UOB Group has reached an agreement to buy Citigroup’s consumer banking franchises in Indonesia, Malaysia, Thailand and Vietnam, Citi announced on Friday.
Newcastle now owned by the wealthiest football club owner in the world
FRIDAY, OCTOBER 08, 2021
The Saudis Public Investment Fund Company (PIF) spent around £300 million to buy Newcastle United from the former owner Mike Ashley, as the English Premier League announced through their official website that the takeover has been completed.
Saudi fund chief set to chair Newcastle after takeover
FRIDAY, OCTOBER 08, 2021
The head of Saudi Arabias sovereign wealth fund, Yasir Al Rumayyan, is set to be named as non-executive chairman of Newcastle United if it acquires the historic English soccer club, according to people familiar with the takeover talks.
U.K. probes Chinese takeover of countrys biggest chip plant
FRIDAY, JULY 09, 2021
Britains national security adviser will examine the takeover of the countrys biggest semiconductor plant by a Chinese-owned company after lawmakers said it could threaten the countrys high-tech future.
Oil giant Saudi Aramco completes $70 billion takeover of Sabic
WEDNESDAY, JUNE 17, 2020
Saudi Aramco has given itself more time to pay for an almost $70 billion acquisition of Saudi Basic Industries Corp. as this year's slump in oil prices stretches its finances.
Bangkok Bank enhances regional position with takeover of Indonesia's Permata
THURSDAY, DECEMBER 12, 2019
Bangkok Bank Plc announced today (December 12) its entry into a conditional share purchase agreement with Standard Chartered Bank (Standard Chartered) and PT Astra International Tbk (Astra) to acquire their aggregate 89.12 per cent shareholding in Indonesian bank PT Bank Permata Tbk (Permata).
Thai Union takes stake in cod-liver producer in Iceland
FRIDAY, DECEMBER 06, 2019
The world's seafood leader, Thai Union Group, has made a strategic investment in Aegir Seafood Company, one of the leading producers of cod liver in Iceland.
Indorama Ventures acquires Californian PET recycler Green Fiber International
WEDNESDAY, DECEMBER 04, 2019
Global chemical manufacturer Indorama Ventures (IVL) has acquired Green Fiber International Inc (GFI), a recycling company in Fontana, California, USA.
Canada cannabis firm rejects US takeover bid
SATURDAY, DECEMBER 29, 2018
Canadian cannabis producer Aphria on Friday rejected a proposed Can$2.8 billion ($2.1 billion US) takeover bid by US-based Xanthic Biopharma, calling it hostile and under-valued.
Kroenke on brink of full Arsenal takeover
TUESDAY, AUGUST 07, 2018
London - Stan Kroenke moved to the brink of a full takeover of Arsenal on Tuesday after minority shareholder Alisher Usmanov accepted an offer worth £550 million ($712 million) for his stake.