Announced
Financials
Sources
Tags
Friendly
Singapore
personal finance
Reverse Takeover
Acquisition
Domestic
Single Bidder
Pending
Consumer Lending
Majority
Private
Synopsis
MoneySmart, a financial portal, agreed to merge with Asia-Pacific Strategic Investments, a real estate developer, in a $162m deal. MoneySmart will hold over 75% of the combined entity upon completion of the merger, while APS will relinquish and dispose of its real estate business.
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