The Making of an Asian Giant, CapitaLand to Acquire Ascendas-Singbridge

Posted on 01/14/2019

CapitaLand Limited signed a deal to acquire Singapore-based Ascendas-Singbridge Pte Ltd. which is a subsidiary of Singapore’s Temasek Holdings. CapitaLand is doing this by acquiring all the shares in two wholly owned intermediary subsidiaries of Ascendas-Singbridge – Ascendas Pte Ltd and Singbridge Pte Ltd. The proposed transaction is valued at an enterprise value of S$ […]