IFLR1000

Grand Apex Holdings S$255 million acquisition of Popular Holdings

14/1/2015
Private acquisition
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S$ 255 million

Completed

14/1/2015

Overview:

  • Grand Apex Holdings has acquired Popular Holdings—a Singaporean publishing company—for 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 

Jurisdiction:

Singapore

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Singapore

Industry sector:

Media

Firm:
Dentons Rodyk & Davidson

Party: Grand Apex Holdings (Acquirer)

Lawyers: Eng Leng Ng, Nigel Chia (left)

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