Buyout firm BPEA weighs $7-$8 billion merger of two portfolio companies - Bloomberg

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 66%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Hong Kong's Baring Private Equity Asia (BPEA) is exploring a merger of two Hong Kong-based business services firms it owns, Tricor and Vistra, Bloomberg News reported on Saturday.BPEA - which Sweden-based private equity fund EQT agreed to buy earlier this year in a deal worth 6.8 billion euros ($7.5 billi

Hong Kong's Baring Private Equity Asia is exploring a merger of two Hong Kong-based business services firms it owns, Tricor and Vistra, Bloomberg News reported on Saturday.

BPEA - which Sweden-based private equity fund EQT agreed to buy earlier this year in a deal worth 6.8 billion euros - is working on a merger that could value the two portfolio companies at between $7 billion and $8 billion, the report added. BPEA has notified Tricor and Vistra's creditors about the merger plan, the report said, citing people familiar with the matter.

The Hong Kong-based private equity firm acquired Tricor from buyout group Permira in November last year in a deal valuing the business expansion specialist at $2.76 billion including debt.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités