Singaporean investment firm Temasek divested its holdings in US-listed companies Facebook, Monsanto and Air Products & Chemicals. The private equity firm, however, remains focused on energy, healthcare and technology stocks in the US.
Temasek Holdings
The following bids, mergers, acquisitions and disposals were reported on Thursday including Sigma Alimentos, Fastjet, Rostelecom, DNB, Caixabank, Cyfrowy Polsat, America Movil, Alitalia, Telecom Italia.
Keppel REIT's shares were sold off by sovereign wealth fund Temasek Holdings.
Pavilion Energy, which is owned by Temasek Holding Pte, would seek to expand its infrastructure interests in LNG.
Temasek Holdings appointed Dr Wu Yibing as its new co-head for China business effective October 1, 2013.
Su-Kam Power Systems had agreed to expand into other businesses.
Reuters reported that Temasek Holdings will need to find a Japanese or Chinese bank to buy its stake in Bank Danamon Indoneia.
Temasek Holdings denies approaching the UK government for its Lloyd Banking Group shareholdings.
Temasek Holdings, an investment company belonging to the Government of Singapore, hold on to their stocks of China's top banks.
Temasek reported a surge in their global stocks as value of assets surge
Temasek Holdings has again purchased shares in ICBC.
Shriram Ventures are in discussion with private equity firms such as Blackstone Group and Temasek Holdings.
Singapore state investor Temasek Holdings TEM.UL is looking to acquire assets in Europe and plough more money into energy and commodities after doubling its exposure to the sector.
India's L&T Infrastructure Development Projects Ltd (L&T IDPL) is in talks with private-equity investors including Temasek Holdings to raise $250 million to $300 million.
News and developments in Asia private equity from Reuters News for the week ending May 11.
Subscribe to VCpost newsletter
Most Popular
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- Walmart Founder's Son Rob Walton to Step Down From Board
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- US Secretary of State Antony Blinken Calls on China to Treat American Companies Fairly During Visit to Shanghai
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- JPMorgan CEO Warns of Economic Risks Amid Biden's 'Huge' Deficit Spending, Questions Likelihood of 'Soft Landing'