.
MergerLinks Header Logo

New Deal


Announced

Completed

Freshwater Group completed the acquisition of a 20% stake in Daejan Holdings.

Financials

Edit Data
Transaction Value£268m
Consideration TypeCash
Capital Owned80%
Capital Bid For21%
EV/Sales6.3x
EV/EBITDA-
Share Price Premium56%
One Off Charge-

Tags

Edit

Acquisition

Public

Single Bidder

United Kingdom

property asset management

real estate administration

Real Estate Services

Friendly

real estate

Majority

Completed

Domestic

Synopsis

Edit

Freshwater Group, an energy sector recruitment business, completed the acquisition of a 20% stake in Daejan Holdings, a real estate holding and service company, through its subsidiary Centremanor at a £1.3bn ($1.7bn) valuation. The trading of Daejan shares on the London Stock Exchange will be suspended with effect from May 7.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US