Private Equity Firm to Acquire PCI for $150M Cash
Published: 08 January 2019
by Chelsey Drysdale
SINGAPORE – A private equity firm is acquiring EMS firm PCI in an all-cash offer of $150 million, according to reports.
Platinum Equity Advisors is offering a 60.1% premium over the volume weighted average price of PCI shares for a 12-month period up to Sept. 17, 2018.
The purchase is expected to boost Chuan Hup Holdings’ balance sheet.
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