Acquisitions

Manchester United post seventh straight annual loss

Soccer Football - Premier League - Manchester United v Manchester City - Old Trafford, Manchester, Britain - September 13, 2026 General view of a Manchester United branded corner flag inside the stadium before the match REUTERS/Scott Heppell

Grab execs buy back shares after stock hits 3-year low on Atome deal

Grab shares tumbled 50 per cent over the past year and fell to US$2.74 on Sept 18, the lowest level since May 2023.

After crucial Paramount agreement come relief, anger and concern

Paramount won Warner Bros takeover after settling US states, union lawsuits.

News analysis

Grab’s $1.9b Atome deal advances its ASEAN super-app ambitions – but is it paying too much?

While analysts mostly viewed Grab’s proposed acquisition of Atome as positive, some noted that Atome got a better deal.

Grab to buy majority stake in Singapore firm Atome for $1.9b in fintech bid

Shares of Grab have declined almost 40 per cent in 2026.

Grab said to be in talks to buy Singapore fintech firm Atome

Grab is listed in the US, where its shares have dropped 39 per cent in 2026, giving the firm a market value of US$12.4 billion.

Nvidia pays $16.4b for Hugging Face – and an open AI future

When OpenAI’s agents went rogue in July and targeted the company Hugging Face, they demonstrated ingenuity and drive beyond what many experts imagined — a dangerous harbinger of what such bots could do in the future. (The New York Times)

Keppel DC REIT spends $1.5 billion on two freehold data centres in Japan

The acquisitions are expected to be accretive to distribution per unit.

California, Writers Guild ask court to reject Paramount request for $2.4 billion bond

Paramount must pay a fee of US$7 million a day if the US$110 billion merger does not close by Sept 30.

Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for $280m gain

The proposed transaction also involves the sale of associated trademarks across Singapore, Malaysia and Myanmar.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.