ข่าวประชาสัมพันธ์ the acquisition+Fitch Ratings
Fitch Affirms Eastern Polymer Group at 'A-(tha)'; Outlook Stable
Fitch Ratings (Thailand) has affirmed Eastern Polymer Group Public Company Limited's (EPG) National Long-Term Rating and the National Long-Term Rating on its senior unsecured debt at 'A-(tha)'. The Outlook is Stable. The affirmation reflects EPG's strong financial profile despite a temporary increase in EBITDA net leverage from the acquisition of Australia-based 4 Way Suspension Products Pty. Ltd. (4WS) in July 2022. Fitch expects EPG's leverage to remain low in the medium term, despite
KBank's Indonesia Expansion Poses Additional Risk But no Immediate Impact on Ratings
KASIKORNBANK Public Company Limited's (KBank; BBB/Stable) plan to increase its stake in PT Bank Maspion Indonesia Tbk (Maspion) to 67.5% from 9.99% reflects Thai banks' search for earnings opportunities outside of...M&A Remains A Key Risk for PTTGC's Deleveraging
PTT Global Chemical Public Company Limited's (PTTGC, AA+(tha)/Negative) strong free cash flow(FCF) generation should support its ability to reduce leverage quickly following the acquisition of Allnex Holding GmbH (Allnex), but another large debt-funded...Fitch Ratings: PTT's Purchase of Murphy Oil's Malaysia Assets to Raise Output, Reserves
PTT Exploration and Production Public Company Limited's (PTTEP) plan to acquire Murphy Oil Corporation's (BB+/Stable) business in Malaysia will immediately increase the group's reserves and production profile,...Fitch Assigns SHREIT Expected National Rating of 'BBB(tha)(EXP)'
Fitch Ratings (Thailand) Limited has assigned Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust (SHREIT) an expected National Long-Term Rating of 'BBB(tha)(EXP)'. The final rating is subject to the...Fitch: PTTEP's Plan to Raise Bongkot Stake to Boost Output; Reserves Still Weak
PTT Exploration and Production Public Company Limited's (PTTEP) plans to acquire a 22.22% stake in the Bongkot concession in Thailand will boost its production over the next four years, Fitch Ratings says. PTTEP is the...NIPPON EXPRESS HOLDINGS Completes Procedure to Make Germany's SH HoldCo Wholly-owned Subsidiary
NIPPON EXPRESS HOLDINGS, INC. - Completion of Acquisition (Subsidiarization) of SH HoldCo GmbH Shares - NIPPON EXPRESS HOLDINGS, INC. is pleased to announce that the agreement concluded on September 30,...
Betagro Expands Its Footprint in Singapore with THB 1.9 Billion Acquisition of Eggriculture to Drive Sustainable Growth
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Betagro Public Company Limited (...
CHARTERED GROUP ACQUIRED SHAREHOLDING IN MFC, THE MINISTRY OF FINANCE AND GOVERNMENT SAVINGS BANK RETAINED HOLDINGS, REINFORCING SUPPORT FOR MFC'S WORLD-CLASS ASPIRATIONS
Energos Infrastructure Announces Transformative Marine LNG Asset Transaction with Long Term Charter Contracts in Germany
Energos Infrastructure ("Energos" or the "Company"), an international marine LNG infrastructure company, majority-controlled by Apollo-managed funds (NYSE: APO) and minority...
SCGP Completed the Acquisition of 70% Stake in Starprint Vietnam JSC, Advancing the Footprint in Premium Offset Folding Carton Packaging in ASEAN
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SCGP has ac...
EGCO Group Acquires 30% Interest in Infrastructure and Utility Business in Indonesia
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Electricity Generating Public Company Limited or EGCO Group has str...
Masdar Expands European presence with Acquisition of 1GW Renewable Portfolio in Poland
Agreement marks a significant expansion of Masdar's European renewable energy portfolio Projects in Poland are expected to come online between 2026 and 2030 and will have a total combined capacity of more than 1GW...
Volvo Trucks delivered 14 Volvo FH to Wattanakol Transports for an Ambitious Cross-Border Project
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Wattanakol Transports 2001 Co., Ltd., a prominent play...
UK-based Global Education Holdings acquires Schiller International University
UK-based educational group Global Education Holdings (GEDU) has acquired the Schiller International University of USA. Schiller is the first American University with multiple campuses in Europe. With this acquisition, GEDU...Syntax and Beyond Technologies Complete Acquisition Deal, Officially Join Forces
Combination creates broad portfolio of industry-focused technology offerings, adds strength to bench of SAP(R) expertise and professional services talent , expands global reach and regional resources. Syntax Systems, a...Shipsy Completes Stockone Acquisition and Expands Product Portfolio for Holistic Fulfillment and Logistics Management
Shipsy, a leading logistics Software as a Service (SaaS) provider, has completed the acquisition of Stockone, a cloud-based Warehouse Management System (WMS) and inventory management...Adani Cement refinances USD 3.5 billion from 10 international banks, terming out the acquisition finance facility by a tenor of 3 years
Strong underlying business reflected in the unwavering confidence from global financial institutions Editor's Synopsis Adani Cement, through Endeavour Trade and...Global Education Holdings Acquires Paris-based Applied Management School EMA
Global Education Holdings (GEDU), a UK based educational group, announced the acquisition of the Ecole de Management Applique (EMA). EMA is a Paris-based school of Applied Management with specialisations in Law, Economics...
Rabbit LINE Pay Announces Rebranding to LINE Pay Payment Services Continue as Usual
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Rabbit LINE Pay, leading integrated online and offline payment platf...
Tata Communications completes acquisition of Kaleyra, a leading global CPaaS platform player
Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR). On 28th June 2023, Tata Communications had entered into a definitive...Kensing to Acquire AOM
Acquisition expands Kensing's Natural Vitamin E and phytosterols product offerings. Kensing, LLC ("Kensing" or the "Company"), a leading manufacturer of Natural Vitamin E, Plant Sterols and high-purity surfactants, and a portfolio company owned by an affiliate of One Rock...
Krungsri makes notable advances in ASEAN, with the successful acquisition of Home Credit in Indonesia
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Krungsri (Bank of Ayudhya PCL) announced the succe...