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New Deal


Announced

Logos Group to acquire a 60% stake in Global Vision Logistics from Aspen Group for $73m.

Financials

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Transaction Value£53m
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Malaysia

Majority

real estate

Private

Pending

Cross Border

Acquisition

Single Bidder

Friendly

Real Estate Holding and Development

Synopsis

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Logos Group, a logistics property group, agreed to acquire a 60% stake in Global Vision Logistics, a realty firm, from Aspen Group, an integrated design-build firm, for $73m. "We are pleased to have Logos as a partner for the project. The logistics and warehousing industry is one of the fastest-growing industries due to the rise in demand from e-commerce business," Dato Murly, Aspen Group President and CEO.

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