Mergers & Acquisitions
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Phillipines Jollibee Completes Buyout Of Happy Bee In China
Philippines‘ Jollibee buys out partner stake in China-based food Joint Venture Happy Bee for US$10.4 million.
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China’s Ctrip.com To Buy Out Skyscanner In US$1.74 Billion Deal
China’s largest travel site, Ctrip to buy Skyscanner with deal valuing the British travel-search company at US$1.74 billion,
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Starbreeze Acquires Nozon, A Belgian Visual Effects Studio And PresenZ Technology Creator To Improve VR Cinematic Experience
Starbreeze AB, an independent creator, publisher and distributor of entertainment products has acquired Belgian Nozon, a Visual Effects (VFX) Studio and PresenZ technology creator, for an amount of 7.1 MEUR (approximately US$7.78 million).
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Singapore’s Carousell Acquires Online Car Classified Platform Caarly, Hires New CFO And GM
Singapore’s Carousell, a mobile peer-to-peer marketplace expands into the used-car dealership space as it acquires Caarly, a used-car app platform. Besides, the company also strengthens its team as it announces the new hires of Winnie…
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Online Stationary Portal Zoffio Is Sold To Shenzen-Based Firm
An e-store selling office supplies known as Zoffio has recently been acquired by a Shenzhen-based Chinese firm. The terms of the deal and the name of the buyer were not disclosed.