Singapore Exchange Mainboard-listed Straits Trading Company Limited is proposing to acquire a south Australian property development for $30.43 million
The company also plans to roll out its services in new cities across its existing markets across Asia Pacific region.
When compared to 2015’s high of $6.1 billion, the amount raked in by PE firms has been significantly lower.
The buyout firm is working with an adviser for a strategic review of the school which could lead to a sale of the business for at least $500 million.
IPOs & Markets
The taxi operator aims to list on the Catalist board for smaller stocks as soon as the first quarter of next year.
Play Ventures, which targets early-stage, free-to-play mobile and PC games globally, has deployed about one-quarter of its $40-million fund.
We had exclusives on new funds by BlackRock & AEW Capital as well as news on the latest deals across region.
The REIT is expected to finance the acquisition with proceeds from a private placement, debt financing, and internal cash.
This is the second such notification received by the company.
SATS Ltd has completed the acquisition of its remaining interest in a JV for $12.28 million.
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