M&A
Delay in TM-P1 deal as parties agree to extension
Telekom Malaysia Bhd (TM), the largest fixed-line phone company in the country, is asking for a two-month extension to obtain the necessary approvals for its acquisition of a majority stake in wireless broadband service provider Packet One Networks (Malaysia) Sdn Bhd (P1).
US-based Northstar acquires Singapore’s Web in Travel
New Jersey-based Northstar Travel Media, a business-to-business information company serving the travel and meetings industries, has acquired Singapore-based Web In Travel (WIT)/
TM agrees to buy controlling stake in P1
Telekom Malaysia Bhd (TM), the country’s largest fixed-line operator, has agreed to buy a 57% stake in Packet One Networks Sdn Bhd (P1) for RM350 million (US$106 million), putting an end to rumours that have been percolating for almost two years.
TM open to talks with any party to ‘fill up gap’
Telekom Malaysia, the country's largest fixed-line telecommunications company, said it is open to talks with any party to help transform itself into a full-suite services provider.
US$19b for WhatsApp: How are businesses valuated anyway?
Business acquisition is a tricky and risky game, and if you are interested in playing, you have to know the rules – which iMoney’s Iris Lee lays out in this article.
US$19b for WhatsApp: What Facebook is really getting
As the world recovers from arguably the biggest tech news of the year -- that Facebook splashed out a whopping US$19 billion for messaging player WhatsApp – analysts are in two minds as to whether the deal is worth the price, what the strategy is for the new entity, and how the social networking giant will monetise the newly bought asset, writes Edwin Yapp.
Australia’s SEEK to acquire JobStreet outright
Australian-Stock Exchange-listed SEEK Ltd has announced it would acquire the remaining 78% of JobStreet Corporation Bhd shares it doesn’t already own in a deal valuing the Kuala Lumpur-based online recruitment company at RM1.73 billion (US$523.5 million).
Disrupt#13: Where are our bumiputera ICT champions?
Govt and state tech jobs reserved for bumiputera firms, various initiatives to support them
Odds actually stacked against true bumiputera entrepreneurs, especially in private sector
Selling the business: Games buyers play
Savvy corporate acquisition teams have a prescribed method for wearing down the most seasoned entrepreneurs, backing them into a corner where they have to sell for a steep discount. Verne Harnish lists down some of their dirty tricks.
