Mergers & Acquisitions
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Chinese consumer appliance maker Midea to buy Israeli motion control firm Servotronix for US$170 million
Chinese robotics and electronics giant – Midea has acquired the control of Petah Tikva-based automation solutions – Servotronix at a company value of US$170 million.
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SportsPlay acquires Jogo to bring Malaysian sport fans a better platform
Malaysian sport-related platforms, SportsPlay and Jogo has undergone an M&A deal in order to create a better platform experience for Malaysian sports lovers.
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Deutsche Wealth and Asset Management buys two logistics facilities from Propertylink for US$56 million
Deutsche Asset Management (Deutsche AM) has on Monday acquired two logistics facilities from PropertyLink which are located in Melbourn and Brisbane, in an off-market transaction on behalf of a German institutional client for US$56.07 million.
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
