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Insights
20-Feb-19 Millicom, a cable and mobile operator in Latin America and Africa, has bought the mobile telecom assets of Spain’s Telefonica in Panama, Costa Rica and Nicaragua, for USD1.65 bn. In Jan-19 Telefonica sold its Guatemalan and El Salvadoran operations. [image: Reuters]
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Insights
20-Jan-19 Bupa has acquired Turkish company Acıbadem Sigorta, a specialist health insurance provider with both corporate and individual customers, headquartered in Istanbul, with over 500 employees, covering 600,000 customers and gross written premiums of TRY913 mn (USD173 mn). [image: Bupa Newsroom]
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Insights
27-Nov-18 French insurer AXA will pay USD662 mn for the remaining 50% stake in its Chinese joint venture, making it the second insurer in three days to announce plans for a wholly-owned company in mainland China, after Allianz. [image: Reuters / South China Morning Post]
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Insights
06-Nov-18 Close on the heels of Walmart acquiring Indian e-commerce firm Flipkart, Amazon is cutting deals with offline retailers in India. Its investment arm is set to pick up a 9.5% stake in Future Retail for INR25 bn (USD346 mn). [image: Amazon / Asia Times]
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Insights
01-Oct-18 Candy, the Italian family-owned appliance manufacturer is in the news after being sold to Chinese electronics giant Haier, based in the Shandong port city of Qingdao, for EUR475 mn, as Haier looks to crack the European market. [image: Candy]
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