Mergers & Acquisitions
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Australian media tech firm Isentia Group buys China Newswire to grow distribution business in Asia
Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.
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Carousell buys Duriana to consolidate position as largest mobile classified marketplace in APAC
Singapore-based online classified service Carousell announced on Thursday that it was acquiring Malaysian-based mobile classified startup, Duriana, in order to position itself as a major mobile classifieds player in the market.
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Huawei acquires Israel cyber security startup HexaTier for US$42 million
Chinese giant Huawei has recently acquired HexaTier, an Isreali cyber security startup for US$42 million. The smartphone maker will use HexaTier to set up an R&D center in Israel for databases in the cloud.
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Indonesia MDS raises ownership in Matahari Mall online for US$12.2 million
Indonesian retail firm MDS has increased its ownership in Global Ecommerce Indonesia (GEI), the parent company of local e-commerce startup, MatahariMall.com for a price tag of RP 164.9 billion (about US$12.2 million).
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SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from Malaysia Airlines
Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).
