SG Dealbook: Rex-Norwegian North Sea licence; SATS, BRF GmbH JV; WE Holdings drops PH deal

SG Dealbook: Rex-Norwegian North Sea licence; SATS, BRF GmbH JV; WE Holdings drops PH deal

Visual from Rex International website

The latest in the Singapore M&A scene has seen oil and gas outfit Rex acquiring stake in its second Norwegian North Sea licence, and locally listed company SATS teaming up with Brazilian major BRF S Ato to form a JV, whose business will encompass meat processing and manufacturing of branded food products for distribution to retailers, among others. Meanwhile, another Singapore-listed firm – WE Holdings – has called off a deal in Philippines.

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