SembCorp gets MBO ball rolling

Singapore conglomerate SembCorp Industries announces its first divestment through an MBO, backed by Crosby.

There are many sectors of Asia's financial markets that have failed to live up to their potential and the Singapore management buy out MBO market is a perfect example. However a deal announced last week by SembCorp Industries shows that these deals can happen with willing buyers, sellers and private equity backers.

The deal saw SembCorp Parks Holdings selling its buildings materials companies to a new company called T.M. Tarah. This company comprises Crosby Asset Management...

To continue reading, please login or register for free

Click for more on: sembcorp | gets | mbo | ball | rolling

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...