Tag: Acquisition
Indonesia – OCBC has entered into an agreement to acquire the retail banking and wealth management business of HSBC Indonesia through its subsidiary, PT Bank OCBC NISP Tbk (OCBC Indonesia), strengthening its wealth management presence in the country. The acquisition covers HSBC Indonesia’s International...
Paris, France – Publicis Groupe is betting bigger on sport as the French advertising giant said it has agreed to acquire 160over90, a global sports and culture agency, as it sharpens its push into data-led marketing tied to live events and fandom. The deal folds 160over90 into Publicis Sports, plugging...
Singapore – Fitbit’s corporate presence in Singapore is set to be dissolved, with its local entity undergoing voluntary liquidation as parent firm Google continues to absorb the fitness tracker brand into its global operations. A notice in the Government Gazette confirmed the appointment of liquidators...
Sydney, Australia – International advisory, ventures, and creative firm Meliora has acquired Auckland-based digital consultancy Backchat Media, bringing the boutique agency’s founder, Mel Lee, into the fold as an equity partner. The move comes as Meliora, founded by Clive Dickens in 2025, seeks to cement...
Taiwan – Grab Holdings has agreed to acquire the Taiwan delivery business of foodpanda from Delivery Hero for $600 million in cash, subject to regulatory approvals and customary closing conditions. The transaction is expected to close in the second half of 2026. Once completed, Grab will expand into...
China – Centurium Capital Partners, the lead investor in Luckin Coffee, is reportedly in advanced talks to acquire Nestlé’s Blue Bottle Coffee brand. According to a Bloomberg report citing anonymous sources familiar with the matter, Centurium Capital is finalising the deal with the coffee roaster and...
Kuala Lumpur, Malaysia – Lotus’s Stores Malaysia, a subsidiary of CP AXTRA, has signed an agreement to acquire 100% of the issued and paid-up share capital of The Food Purveyor for MYR 1.66b (approximately THB 13.48b, or USD 425.8m). The Food Purveyor operates 50 supermarket outlets in Malaysia under...
U.S.A. – Mattel, the global play and family entertainment company behind brands like Barbie, Hot Wheels, and UNO, has struck a deal with its joint venture partner NetEase to acquire full ownership of Mattel163, its mobile games studio. Mattel163, launched in 2018, develops digital games based on Mattel’s...
Singapore – Grab Holdings Limited has signed definitive agreements to acquire 100% of U.S. digital investing platform Stash Financial, Inc. in a deal that accelerates its financial services roadmap and expands its footprint into the mass-market investing segment. Under the agreement, Grab will acquire...
The acquisition brings together two independent agencies with complementary capabilities across brand activation, social content and experiential marketing.
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