Acquisitions

Amazon eyes $11 billion Globalstar deal to rival SpaceX’s Starlink: FT report

Amazon’s network would be the closest rival to Elon Musk’s Starlink, which operates a network of more than 9,500 satellites.

Fitbit Singapore winds up as Google completes takeover of fitness tracker brand

While the liquidation of the Fitbit Singapore marks the end of an area, Fitbit users can continue to use their devices.

Keppel shares tumble 3% after delay in planned sale of M1 to Simba

Keppel on Aug 11 said it is selling the telecoms business of its subsidiary M1 to rival Simba Telecom for $1.43 billion.

Sembcorp shortlists banks for $2.7 billion loan to buy Australia’s Alinta Energy: Sources

Sembcorp had announced the A$6.5 billion acquisition of Alinta at the end of 2025.

CapitaLand Ascendas REIT invests $1.4 billion in two Singapore assets, Japan data centre

The Reit is entering Japan through the acquisition of a 49 per cent interest in a Tier 3 hyperscale data centre in Osaka for $620.7 million.

Grab to buy Delivery Hero’s Foodpanda Taiwan business for $770 million

The deal marks Grab's first foray into food delivery outside of its South-east Asian home market.

Hongkong Land acquires 10.8% stake in Suntec REIT for $541 million

Hongkong Land said the acquisition will enable the group to deploy recently recycled capital into prime, income-producing commercial assets in Singapore.

US court rules against South Korean gaming company and its AI-hatched takeover plan

Krafton’s CEO had followed the advice of ChatGPT during a dispute with the leaders of the “Subnautica” game maker Unknown Worlds Entertainment.

Netflix drops Warner Bros bid, leaving Paramount the winner with $140 billion deal

Warner Bros deemed Paramount’s latest US$31-a-share offer superior on eb 26.

Lendlease Reit to take full ownership of PLQ Mall in $116 million deal

Lendlease Reit had earlier acquited a 70 per cent interest in PLQ Mall in November 2025.

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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.