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New Deal


Announced

Tang Dynasty Treasure to acquire Chip Eng Seng for $411m.

Financials

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Transaction Value£343m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium36.9%
One Off Charge-

Sources

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Tender Offer

Private Equity

Domestic

Friendly

Singapore

construction services

Public

Pending

Majority

Single Bidder

Construction Services

infrastructure services

Acquisition

Synopsis

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Tang Dynasty Treasure, an investment firm owned by Gordon Tang and Celine Tang, offered to acquire Chip Eng Seng, a firm involved construction, civil infrastructure, precast technology, property development and investment, hospitality, and education sectors, for $411m.

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