Deal snapshot: RETAIL HOLDINGS SELLS SINGER THAILAND STAKE FOR USD 44.8M.
Curacao-based investment company Retail Holdings N.V. (Symbol: RHDGF) has sold, through the Stock Exchange of Thailand, its entire 40% equity stake in the company's subsidiary, Singer Thailand Public Co. Ltd., for approximately USD 44.8m, the company said. Singer Thailand will continue to have a royalty bearing license from the company to use the Singer brand. This is equivalent to USD 2.57 per share and USD 4.44 per share, respectively.
Target: Singer Thailand Public Co. Ltd
Vendor: Retail Holdings N.V.
Deal size in USD: 44.8m
Buyer advisor: , ,
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|Publication:||M & A Navigator|
|Date:||Jun 9, 2015|
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