Attilan could reacquire Hi-5 TV show in major deal with firm founded by MD, controlling shareholder
Parties value deal consideration at S$100m in cash and stock
Add BT as a preferred sourceNg Ren Jye
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ATTILAN Group, which faces delisting from the Singapore Exchange (SGX), could reacquire the children's television show Hi-5 under a very substantial acquisition or reverse takeover deal with a firm linked to Attilan's managing director.
Attilan, an investment firm, said on Thursday that it had entered into a non-binding memorandum of understanding to acquire family entertainment content producer Tremendous Entertainment Group (TEG) for S$100 million in cash and new Attilan shares that will result in a very substantial acquisition or reverse takeover.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
