Baring Asia to buy Interplex from CVC, Standard Chartered
Baring Private Equity Asia is set to buy Singapore-listed precision engineering business Interplex Holdings after CVC Capital Partners and Standard Chartered Private Equity agreed to tender their combined 57.7% interest in the company.
Baring Asia is offering S$0.82 per share for all outstanding shares, which represents a premium of 15.5% to the previous close. The deal values the company at approximately S$450 million ($320 million)....
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