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FRANKFURT (Reuters) - Thailand's PTT Global Chemical has agreed to buy German coating resins maker Allnex from buyout group Advent in a 4 billion euro (US$4.75 billion) deal, one of the largest acquisitions by a Thai company in recent years.
BENGALURU (Reuters) - PepsiCo Inc raised its full-year earnings forecast on Tuesday, betting on surging demand for its sodas as pandemic-weary people flock to theaters, restaurants and stadiums after being stuck at home for more than a year.
KUALA LUMPUR: Yenher Holdings Bhd made a steady debut on the Main Market of Bursa Malaysia on Thursday, opening at 99.5 sen or 4.5 sen above its offer price of 95 sen
SYDNEY: Telstra Corp Ltd said on Monday it was in discussions to buy the Pacific operations of telecom company Digicel Group, with the support of the Australian government, which will likely fund the majority of the deal amount.
PETALING JAYA: Many companies are committing to a more sustainable future. Likewise, Malayan Banking Bhd (Maybank) has earmarked long-term sustainability as one of its key strategic priorities.
KUALA LUMPUR: Maybank Investment Bank Research has maintained Axis Real Estate Investment Trust (REIT) as its top sector pick following its second quarter results that were in line with expectations.
PETALING JAYA: Stronger-than-expected polymer spread is likely to boost earnings of Lotte Chemical Titan Holding Bhd (LCT) for the second quarter (Q2) of financial year 2021 (FY21).
KUALA LUMPUR: Maybank Investment Bank Research has slashed its target price on Globetronics Technology Bhd following a revision of its earnings forecasts.