Wednesday, 5 October 2011

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Baring-led group seeks sale of Singapore retailer Courts

  • Wednesday, 5 October 2011
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  • Reuters, 5 Oct 2011
    Oct 5 (Reuters) - An investor group led by Baring Private Equity Asia is seeking the sale of retailer Courts Asia Ltd, which has operations in Singapore and Malaysia, for over S$500 million ($380 million), a source with direct knowledge of the deal said.
    Asia Retail Group, which owns the assets, has hired HSBC and BNP Paribas for the sale, the source said. Full story

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