UPDATE 1-Malaysia tycoon's Tradewinds offer adds to SE Asia buyout spree

Newswire

* Shares of Tradewinds dropped 23 percent year-to-date * Low share prices, cheap financing drive buyouts By Yantoultra Ngui KUALA LUMPUR, Dec 26 (Reuters) - A Malaysian tycoon's 1.5 billion ringgit ($489.40 million) buyout offer for commodities firm Tradewinds Bhd underscores a privatisation drive in Southeast Asia as low share prices and cheap finance entice dealmakers to snap up assets. Malaysia's sixth richest man, the ...

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