
Dymon backs take-private of Singapore’s Challenger Technologies

Dymon Asia Private Equity has launched a SGD 224m (USD 180m) take-private bid for Challenger Technologies in conjunction with the Singapore-listed electronics retailer's CEO.
The acquisition vehicle, owned 35% by Dymon and 65% by the CEO, Leong Thye Loo, is offering SGD 0.65 per share in cash, according to a filing dated May 30. The stock climbed 5% following the announcement...
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