Image via Business Times SG
Last updated
Maybank: Ma Activity
Maybank agreed to acquire the remaining 30.95% stake in Maybank Ageas Holdings Bhd from Ageas Insurance International NV for RM4.83 billion, moving toward full ownership of the joint venture. Acquisition is subject to Bank Negara Malaysia approval.
Source: Business Times SG
The leadership read
Consolidation shifts the leadership question from growth to integration. For Maybank in the sector, the demand moves toward transformation and integration leaders who can merge teams, systems and cultures without losing momentum. Across Asia, watch whether the integration is properly resourced; deals are won or lost the year after they close.
Market context: Against a Talent Market Index of 104.6 (Hot) (down 1.9 month-on-month), Asia is at steady (-1pts) on signal share.
Maybank: 3 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 3 tracked across 55 days.
Also at Maybank →
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Capital Group →Capital Group acquired a 1.5% stake in IIFL Finance for ₹374.02 crore at ₹590 per share
“will be instrumental as we continue to expand in the region”
Ma Activity · Asia
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Ma Activity · Asia
WestBridge →WestBridge Capital is considering a sale of its 40% stake in Star Health Insurance, having engaged financial advisers to evaluate the transaction.
Ma Activity · Asia
Veralto →Veralto acquired Alfaa UV, an India-based ultraviolet water treatment systems provider for industrial and commercial applications.
Ma Activity · Asia
KKR →KKR is marketing nine commercial properties across China (Beijing apartments, Shanghai hotel on the Bund) for sale. Expects 50-60% of original purchase prices, indicating major divestment from Chinese real estate.
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