If the deal fructifies, Utico will invest as much as S$400 million in the embattled water treatment company.
Ascendas India Trust had in November 2017 acquired six operating warehouses for $83 million.
IPOs & Markets
The company had filed its preliminary prospectus on June 27.
With large VC funds currently in the market, fundraising this year is set to top last year's total of $2.12 billion.
There were a total of nine IPOs in the first half of 2019 and 13 take-private offers, which would lead to subsequent delistings.
The new platform will represent $3.97 billion worth assets under management,
The acquisition marks ThaiBev's foray into China’s coffee business.
ST Food Industries owns exclusive franchise and licence rights to six global F&B brands.
Both companies have lodged their respective preliminary prospectuses to list on Catalist.
The acquisition is expected to be funded by a combination of Australian debt and equity.
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