Interplex board appoints CIMB as adviser in S$450m takeover by Baring Private Equity
Published Thu, Feb 25, 2016 · 11:08 AM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly