.
MergerLinks Header Logo

New Deal


Announced

Verveine to acquire the remaining 37% stake in GK Goh for $108m.

Financials

Edit Data
Transaction Value£88m
Consideration TypeCash
Capital Owned63%
Capital Bid For37%
EV/Sales-
EV/EBITDA-
Share Price Premium38.5%
One Off Charge-

Tags

Edit

Pending

Single Bidder

Friendly

Singapore

investment services

Majority

Privatisation

Public

Domestic

Investment Banking

Acquisition

Synopsis

Edit

Verveine, a special purpose vehicle equally owned by Mr Goh Geok Khim and Mr Goh Yew Lin, agreed to acquire the remaining 37% stake in GK Goh, an investment services company, for $108m. The privatisaton and delisting will allow the company to restructure its asset mix and provide greater flexibility to take strategic long-term decisions without the pressure of delivering profits in the short term.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US