Grand Apex Holdings S$255 million acquisition of Popular Holdings

14/1/2015
Private acquisition

S$ 255 million

Completed

14/1/2015


Overview:

  • Grand Apex Holdings has acquired Popular Holdings—a Singaporean publishing companyfor S$255 million.
  • CIMB Bank acted as a lender to Grand Apex Holdings. 
  • Grand Apex hopes that the private acquisition of the listed bookstore will provide it with greater management flexibility to develop its business, optimise resources and facilitate any strategic initiatives or operational changes.

Katrin Kostadinova - Data analyst 

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