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Interplex board appoints CIMB as adviser in S$450m takeover by Baring Private Equity

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Precision engineering firm Interplex Holdings on Thursday said the board has appointed CIMB Bank as its independent financial adviser over a S$450 million takeover by Baring Private Equity Asia.

PRECISION engineering firm Interplex Holdings on Thursday said the board has appointed CIMB Bank as its independent financial adviser over a S$450 million takeover by Baring Private Equity Asia.

Interplex Holdings, formerly known as Amtek Engineering, is majority owned by CVC Capital Partners-backed Metcomp Group Holdings and the private equity arm of Standard Chartered. Both have said they would accept the offer by Baring.

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