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acquisition

Business 5 years ago

BCA to merge Rabobank Indonesia with BCA Syariah following acquisition

The bank expects to go forward with the merger in 2021 should the acquisition process go smoothly.

Business 5 years ago

Chevron's interest in giant gas field led to $5 billion bid for Noble Energy

Chevron Corp’s US$5 billion offer to acquire Noble Energy emerged after the US oil major first proposed taking a stake of at least 50 percent in Noble’s Eastern Mediterranean natural-gas fields, a proxy filing on Tuesday showed.

Business 5 years ago

Investment fintech FUNDtastic acquires Invisee for $6.5m to expand to mutual funds

The fintech company, a registered financial planning consultancy, has now expanded to selling mutual funds through the acquisition of Invisee and is planning further expansion to insurance products.

Business 5 years ago

BCA to acquire Rabobank Indonesia by end of Q3

BCA shareholders gave their consent to the bank’s plan to acquire Rabobank’s 3.72 million shares during an extraordinary general meeting on July 30.

Business 5 years ago

Chevron to buy Noble for $5b in stock, biggest oil deal since price crash

The purchase boosts Chevron’s investments in United States shale, and gives it Noble’s flagship Leviathan field off the shore of Israel, the largest natural gas field in the eastern Mediterranean.

Business 5 years ago

Mining holding MIND.ID to acquire Vale Indonesia for $392m by year-end

The acquisition is part of the Indonesia's campaign to tighten its grip on domestic mineral resources.

Business 5 years ago

Google, Fitbit deal may hamper competition: Australian regulator

Australia’s consumer watchdog said on Thursday it had concerns that Alphabet Inc-owned Google’s planned US$2.1 billion acquisition of fitness tracker company Fitbit may hinder competition in digital advertising and health markets.

Business 5 years ago

OJK confirms Kookmin Bank acquisition of Bukopin

Kookmin Bank, which currently owns 22 percent of Bank Bukopin, deposited US$200 million into an escrow account on Thursday as part of its commitment to acquiring the Indonesian bank’s shares.