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FWD pursues pan-Asia ambitions with deal for CBA's Indonesia insurance unit

2:37am EDT

FWD Group, led by Hong Kong billionaire Richard Li, will buy control of an Indonesian life insurance venture from Commonwealth Bank of Australia for A$426 million ($300 million) as it seeks to expand across Asia.

UPDATE 2-FWD pursues pan-Asia ambitions with deal for CBA's Indonesia insurance unit

12:48am EDT

* CBA to focus on core banking businesses (Recasts with details on FWD Group, insurance deals)

UPDATE 1-Kendall Court investing $55 mln to tap into Indonesia hospital expansion

Oct 19 2018

SINGAPORE, Oct 19 Singapore-based private equity firm Kendall Court struck a deal to invest $55 million in Mandaya Medical International Pte Ltd (MMI), which is building a 420-bed private hospital in Jakarta to expand into the country's healthcare services sector.

Philippines' San Miguel halves food unit's share sale to $920 million

Oct 18 2018

MANILA/SINGAPORE Philippine conglomerate San Miguel Corp slashed the size of its food unit's share sale by almost half to $920 million, as a weak stock market thwarted what could have been the nation's biggest ever secondary offering.

Exclusive: SoftBank deepening ties to ride-hailing firm Grab with $500 million funding - sources

Oct 05 2018

SINGAPORE/JAKARTA SoftBank Group Corp is closing in on a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said.

EXCLUSIVE-SoftBank nearing $500 mln investment in ride-hailing firm Grab - sources

Oct 05 2018

JAKARTA/SINGAPORE, Oct 5 SoftBank Group Corp is nearing a deal to invest about $500 million in Grab as part of roughly $1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding, sources with knowledge of the matter said. Six-year-old Grab has garnered more than $6 billion in total funding, led by SoftBank, Chinese ride-hailing firm Didi Chuxing and Toyota Motor Corp. After its last funding a few months ago, Grab was valued at around $11 billion.

Japan Inc's global push drives Asia M&As, offsets China slowdown

Sep 27 2018

HONG KONG/SINGAPORE Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma's $62 billion swoop on British drugmaker Shire .

UPDATE 1-Japan Inc's global push drives Asia M&As, offsets China slowdown

Sep 27 2018

* 2020 Olympics big draw for investment in Japan (Updates to indicate picture available)

Japan Inc's global push drives Asia M&As, offsets China slowdown

Sep 27 2018

HONG KONG/SINGAPORE Japan M&A volumes are set to break a 19-year-old record and steal the spotlight in Asia this year from cooling Chinese deals, led by blockbuster takeovers such as Takeda Pharma's $62 billion swoop on British drugmaker Shire .

Exclusive: Axiata likely to reject Keppel-led offer for Singapore mobile firm M1 - source

Sep 27 2018

SINGAPORE Malaysia's Axiata Group Bhd, the biggest shareholder in M1 Ltd, is likely to reject an offer that valued the Singapore mobile operator at up to S$1.9 billion ($1.4 billion), a source with direct knowledge of the matter said.

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