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Mergers

New head of Asia South for combined Nokia and Alcatel-Lucent
Nokia has announced that Nicolas Bouverot will become the head of Asia South as part of the planned combination of Nokia and Alcatel-Lucent, after and subject to the successful closing of the public exchange offer.
Axiata sees consolidation opportunities, eyeing M&As
Mergers and acquisitions (M&As) may be on the cards for mobile telecommunications group Axiata Group Bhd this year, as some of the Asian markets are ripe for consolidation.
SGX and Clearbridge Accelerator in JV to plug funding gap
The Singapore Exchange (SGX) said it has signed an MoU with Clearbridge Accelerator to form a JV company to develop a fundraising platform which aims to address financing gaps faced by SMEs and entrepreneurs.