PE firm Novo Tellus's offer to increase stake in Singapore’s Procurri falls through

PE firm Novo Tellus's offer to increase stake in Singapore’s Procurri falls through

Data Centre Racks. Source: Gaw Capital Partners

The partial offer made by private equity firm Novo Tellus to increase its stake in the Singapore-listed data centre equipment provider Procurri has lapsed, according to a stock exchange announcement on Tuesday.

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