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KKR helping Lee family finance S$0.90-a-share offer for 800 Super

When offer turns unconditional, offeror will issue fixed rate bonds and convertible preference shares for subscription by KKR's funds

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Published Mon, May 6, 2019 · 09:50 PM

Singapore

THE Lee family that owns 800 Super has made a voluntary conditional offer for the Catalist-listed rubbish collection firm in a bid to delist it.

The Lees are offering S$0.90 in cash for each share, in a deal that values the company at S$161 million. They do not intend to increase the offer price.

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