Baring Asia agrees to buy Australia's SAI Global for $940m
Baring Private Equity Asia has agreed to buy Australia-listed risk management and standards compliance business SAI Global for an enterprise valuation of A$1.24 billion ($940 million).
The deal comes two years after a sale process - which was triggered by Pacific Equity Partners (PEP) making an offer for the business earlier in 2014 - ended with no final bids submitted. SAI's stock has...
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