Markets highlights

1 Temasek Holdings is seeking to acquire a stake in Kerala Institute of Medical Sciences, the hospital chain with a presence in India and West Asia, according to media reports.

2 Aubrey McClendon, former chief executive officer of Chesapeake Energy, has been charged with conspiring to rig bids to buy oil and natural gas leases in Oklahoma in the United States.

3 Computing giant International Business Machines plans to sell up to US$150 million (S$210 million) worth of shares in China's Lenovo Group. The price offered is a discount of up to 6.4 per cent to Lenovo's closing price yesterday.

4 China Resources Beer will pay US$1.6 billion (S$2.2 billion) to buy out SABMiller's stake in their China Resources Snow Breweries venture. The deal gives China Resources Beer full control of Snow.

5 Hollywood studio DreamWorks Animation would be interested in a merger with Viacom's Paramount Pictures, the company's chief executive said on Tuesday.

A version of this article appeared in the print edition of The Straits Times on March 03, 2016, with the headline 'Markets highlights'. Subscribe