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New Deal


Announced

Strattner to acquire a 9% stake in Vivocom for $350m.

Financials

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Transaction Value£253m
Consideration TypeCash
Capital Owned-
Capital Bid For9%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Minority

Pending

Single Bidder

Acquisition

Friendly

Private Equity

Construction Services

Malaysia

civil engineering

Public

Synopsis

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Strattner, a private equity firm, agreed to acquire a 9% stake in Vivocom, a civil engineering company, for $350m. “The timing is perfect as we seek to grow via the M&A route and acquire companies with game-changing and disruptive strategies in their businesses,” Datuk Seri Chia Kok Teong, Vivocom CEO.

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