Singapore Airlines :following strong demand from investors. The bond offering, the second in nine years, targeted retail investors and received a total of S$2.2 billion in orders, from both retail and institutional investors. SIA decided to upsize the retail portion to S$450 million from S$300 million following applications worth S$526 million. The minimum size for retail investors is S$1,000. The application by retail investors closed on March 26.
, for 250 million euros in cash. The deal amount translates to a multiple of 14.6 times Newtec's Ebita, and 2.7 times revenue for the financial year ended Sept 30, 2018. The businesses, when combined, are expected to produce about S$200 million in value creation. The group said that the proposed acquisition of Newtec will add intellectual property, products and market access.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »