Danish facility management firm ISS Group to sell Thai unit for up to $150m

Denmark-headquartered facility services company International Service System (ISS) Group is seeking to raise $100-150 million by selling its Thailand operations, multiple sources aware of the development told DealStreetAsia.

It has received interest from a host of mid-market private equity (PE) funds looking for opportunities in Southeast Asia. It could attract local conglomerates as well, said one person.

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