takeover offer

Australian risk management firm SAI accepts $769m bid from Baring PE Asia

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SAI Global Ltd., the Australian standards and risk management company, accepted a $769 million takeover offer from Baring Private Equity Asia following a slump in its stock.

Malaysia: Tycoon Surin Upatkoon to take over garments maker MWE for $92.6m

Garments manufacturer MWE Holdings Bhd has received a takeover offer from tycoon Surin Upatkoon to acquire its entire business and undertaking including all assets and liabilities, for MYR391.4 million ($92.65 million) or MYR1.70 per share. The takeover was offered via Upatkoon’s private vehicle Pinjaya Sdn Bhd on Monday. Upatkoon is… Read more »

HK-based First Pacific offers $125m for Malaysia’s Cocoaland

Confectionery maker Cocoaland Holdings Bhd, which last week rejected a buyout offer from Navis Asia Fund VII, LP,is now being courted by a new suitor. The company is said to have received a bid from from Hong Kong-listed First Pacific Co Ltd. First Pacific has proposed to buyout Cocoaland’s business for a total consideration… Read more »