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New Deal


Announced

Completed

Eastspring completed the acquisition of Thanachart Fund Management.

Financials

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Transaction Value£112m
Consideration TypeCash
Capital Owned-
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

fund management

Private

Thailand

Asset Managers and Custodians

Single Bidder

Majority

Completed

Friendly

Private Equity

Synopsis

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Eastspring Investments, the Asian asset management business of Prudential, completed the acquisition of a majority stake in Thanachart Fund Management from Thanachart Bank, a bank headquartered in Bangkok, for $137m.

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