Philip Morris International raises offer for Vectura to £1.02bn

LONDON, UK: Philip Morris International (PMI) has increased offer values the entire issued and to be issued ordinary share capital of Vectura at approximately £1.02 billion, a news release said. PMI’s business model and strategy is driven by a long term commitment to the transformation of its business and not a search for short term…

Bermele signs Heads of Terms to acquire the entire issued share capital of East Imperial

LONDON: Bermele Plc has signed Heads of Terms to acquire the entire issued share capital of East Imperial Pte. Ltd. for new shares in Bermele. The number of new shares is subject to further due diligence, a news release said. East Imperial is a Singapore incorporated company that designs, develops, formulates, manufactures, distributes and sells…

Y-Ventures to raise S$2.0 million via proposed placement from investors

SINGAPORE: Y-Ventures Group has entered into subscription agreements for the allotment and issue of an aggregate of 24.66 million new ordinary shares in the capital of the company at S$0.0812 per placement share to investors. The Placement Shares represent approximately 10.74% of the Group’s enlarged issued share capital which includes the Placement Shares. The Placement…