.
MergerLinks Header Logo

New Deal


Announced

Olympus Capital acquires a 25% stake in Thai Credit for $91m.

Financials

Edit Data
Transaction Value£81m
Consideration Type-
Capital Owned-
Capital Bid For25%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Thailand

bank

loans

Pending

Banks

credit bank

Private Equity

Acquisition

Friendly

Private

Single Bidder

Synopsis

Edit

Olympus Capital Asia, a leading private investment firm in Asia, acquires 25% stake in Thai Credit Retail Bank for $91m. As a result of this investment, Olympus Capital will become Thai Credit's largest external investor and the existing sponsors will continue to be the largest shareholders. Olympus Capital nominees will also join the Board of Directors of the Thai Credit. "Thai Credit has successfully and profitably addressed the challenge of providing banking services to the underbanked population in Thailand. We look forward to working closely with the majority shareholder and senior management to further build on fundamentals and grow Thai Credit rapidly over the next several years.” Gaurav Malik, Olympus Capital Managing Director.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US