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.
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