US-based Platinum Equity Advisors to acquire SGX-listed PCI for $150m

US-based Platinum Equity Advisors to acquire SGX-listed PCI for $150m

A logo of the Singapore Stock Exchange (SGX) is pictured outside its premises in the financial district of Singapore April 23, 2014. REUTERS/Edgar Su/Files

US-based private equity firm Platinum Equity Advisors has made an all-cash offer to acquire SGX-listed electronics manufacturer PCI, which is 76.7 per cent owned by investment firm Chuan Hup Holdings, for S$203 million ($150 million), according to a stock exchange filing.

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