Announced
Completed
Financials
Tags
Majority
Acquisition
Private
Completed
Domestic
investment holding company
Asset Managers and Custodians
Single Bidder
Hong Kong
Friendly
Synopsis
Intellinsight, a holding company, completed the acquisition of Polytec Asset, an investment holding company, for $545m. Intellinsight previously said the deal will allow Polytec to cut costs linked to its listing, which does not "provide any meaningful benefit" to the company as it has not been able to conduct fundraising activities in recent years.
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