Permira to buy Hong Kong-based corporate services provider for $835m
Permira has agreed to buy Tricor Holdings, a Hong Kong-headquartered business, corporate and investor services provider, from Bank of East Asia (BEA) for HK$6.47 billion ($835 million).
It adds to an already considerable private equity presence in the corporate services space globally, which remains highly fragmented and is expected to see more consolidation. Last year, Baring Private...
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