SINGAPORE Singapore's CapitaLand is forking out S$6 billion ($4.4 billion) to scoop up logistics and industrial assets from state investor Temasek, in a deal the developer said would create Asia's largest real estate investment manager.
SINGAPORE/NEW DELHI Crisis talks between India's cash-strapped Jet Airways Ltd and aircraft lessors have failed to ease a row over late payments, prompting some lessors to explore taking back aircraft, three people familiar with the matter told Reuters.
SINGAPORE India's cash-strapped Jet Airways proposed to creditors that it would catch up with debt payments in arrears by September and from April would meet debt payments as they come due, according to a document seen by Reuters.
SINGAPORE, Jan 2 Medco Energi Internasional Tbk
PT would boost its valuations and gain access to
international assets if its potential takeover of London-listed
Ophir Energy occurs, analysts said on Wednesday.
SINGAPORE SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said.
FRANKFURT Lufthansa is in early talks about a possible tie-up between its LSG Group catering unit with partners such as Austria's Do&Co, Singapore's SATS and Switzerland's Gategroup, people close to the matter said.
SINGAPORE U.S. private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly $800 million, people familiar with the transaction said.
SINGAPORE Noble Group said on Friday it will seek changes to its original debt restructuring plan, with the spotlight now moving towards what the once mighty commodity merchant has called the alternative: insolvency protection.