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Phillip Capital Morning Note

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Publish date: Tue, 04 Dec 2018, 09:24 AM
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Trader news and research articles

GSK buys Tesaro for $5.1bn to boost cancer drugs, Shares lose 7 per cent on news of drugmaker’s first big acquisition under Emma Walmsley

Uber eyes scooter start-up takeover, Company has discussed multibillion-dollar deals with sector leaders Bird and Lime

Unilever agrees €3.3bn deal for GSK’s Horlicks unit , Anglo-Dutch group’s acquisition of malted beverages is a bet on India growth

Qatar to Leave OPEC as Cartel Pressured to Cut Production, Qatar said it plans to leave OPEC, a surprise move for a member that has played a key role inside the cartel, but has more recently clashed with de facto leader Saudi Arabia.

ARA ASSET Management has bought a sizeable portfolio of Hyatt hotels that represents not just its maiden entry into the US but also what observers say could be Singapore's first pure-play US hotel Reit listing.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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