Everstone tables buyout offer for Singapore’s Harry’s Holdings
Everstone Capital has launched a takeover bid for Singapore-listed bar and restaurant operator Harry’s Holdings worth up to S$21.8 million ($17.8 million). The company founder, Mohan Mulani, and his wife Rita – who between them have a 45.9% stake in the business – have already accepted the offer.
According to a regulatory filing, F&B Asia Ventures, a subsidiary of Everstone Capital Partners II, is willing pay S$0.23 per share for all outstanding shares in Harry's Holdings. One of the LPs in the...
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