A pair of diverse New Zealand firms said they received takeover offers worth $1.33 billion in total, as low interest rates and the weak Kiwi dollar combine to put a range of companies in a low-flying market firmly on the radar for global dealmakers. With one offer for an industrial… Read more »
By Angus Whitley
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.
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 »
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 »