Microsoft's restructured US$69 billion (RM323.5 billion) acquisition of Activision Blizzard "opens the door" to the biggest ever gaming deal being cleared, Britain's antitrust regulator said on Friday.

Britain set to clear fresh Microsoft-Activision deal

A new merger and acquisition advisory firm launched last year by former Centerview Partners dealmakers has scored a big win by advising Cisco Systems on its US$28 billion (RM131.22 billion) acquisition of cybersecurity firm Splunk.

Cisco taps new M&A firm Tidal for US$28b Splunk deal

Private equity fund Japan Industrial Partners Inc’s (JIP) successful tender offer for Toshiba Corp paves the way for a ¥2 trillion (US$13.5 billion or RM63.23 billion) buyout that would end the electronics group’s 74-year-long run as a listed entity.

Toshiba to go private as US$13.5b buyout offer succeeds

LOS ANGELES/BENGALURU (Sept 15): Media entrepreneur Byron Allen has made a US$10 billion bid to buy Walt Disney's ABC television network and assets including the FX and National Geographic cable channels, a spokesperson for Allen said on Friday.

Mogul Byron Allen makes US$10 bil bid for Disney's ABC, other networks

AWC Bhd announced it is buying the remainder 49% stake it does not own in automated waste collection system provider Stream Group Sdn Bhd, for RM110 million, confirming a report by The Edge earlier on Thursday.

At the same time, it is taking over the remaining 51% stake that Stream Group does not own in Premium Patents Sdn Bhd, which holds the intellectual property rights of assets  required for Stream Group's current business, for RM1, its bourse filing on Thursday showed.

AWC confirms acquisition of remaining 49% stake in Stream Group for RM110 mil

(Sept 11): Australia’s biggest private hospital operator Ramsay Health Care Ltd and Malaysian conglomerate Sime Darby Bhd have shortlisted candidates for the sale of their hospital unit, which could fetch about US$1.5 billion in a deal, according to people with knowledge of the matter.

Ramsay, Sime Darby narrow bidders for US$1.5 bil hospital sale

KUALA LUMPUR (Sept 11): Kuala Lumpur Kepong Bhd (KLK) has entered into a letter of agreement with Boustead Holdings Bhd (BHB) and the Armed Forces Fund Board (LTAT) to agree for the cut-off date for a strategic collaboration agreement (SCA) to be Sept 22 or such other date as may be agreed in writing between KLK, BHB and LTAT.

KLK inks agreement with Boustead and LTAT for Sept 22 cut-off date for BPlant deal

Nestlé is buying a majority stake in Brazilian premium chocolate maker Grupo CRM, the Swiss food group said on Thursday, as it seeks to expand into luxury confectionary.

Nestlé goes upmarket with deal for Brazilian chocolate maker

SkyWorld Development (Vietnam) Company Ltd, a wholly owned subsidiary of SkyWorld Development Bhd, is acquiring 1.3 acres (0.53 hectare) of land in Ho Chi Minh City, Vietnam.

SkyWorld acquires 1.3-acre land in Ho Chi Minh City for RM68m

YTL Hospitality Real Estate Investment Trust (YTL Hospitality REIT) is acquiring Hotel Stripes Kuala Lumpur, Autograph Collection for RM138 million cash, in a related party transaction (RPT).

YTL Hospitality REIT buys Stripes hotel for RM138m cash in related party deal

UEM Sunrise Bhd will be exiting the South African market with the proposed disposal by its indirect wholly owned subsidiary UEM Sunrise South Africa Proprietary Ltd of an 80.4% stake in Roc-Union Proprietary Ltd and claims of total shareholder advances worth 118.4 million rand (RM29.5 million).

UEM Sunrise to exit South Africa with sale of Roc-Union stake for RM29.5m under strategic plan

Malaysian pet food retailer Petico has acquired Perromart’s assets. Perromart is a Singaporean online retailer that sells pet food, accessories and others.

Malaysian pet food retailer Petico acquires Perromart’s assets

SINGAPORE (Aug 24): Malaysia’s largest asset manager, Permodalan Nasional Bhd (PNB), is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua (Perodua) to create a local automotive giant worth over RM10 billion (US$2.15 billion), two sources said.

Permodalan Nasional weighs automakers merger worth over RM10b in EV push — sources

Thailand's second-biggest lender Kasikornbank is in talks to buy consumer finance provider Home Credit Vietnam in a deal of up to US$1 billion (RM4.6 billion) that would further its push to expand in Vietnam, two sources said.

M&A

‌‌

‌
‌