19 Jun 2020

Acquisition of Perennial Real Estate Holdings Limited by Primero Investment Holdings Pte. Ltd

Partner Sandy Foo and Senior Associate Goh Jun Yi from Rajah & Tann Singapore are acting for Perennial Real Estate Holdings Limited (“Perennial”) in the S$1.58 billion voluntary conditional cash offer by United Overseas Bank Limited and DBS Bank Ltd, for and on behalf of Primero Investment Holdings Pte. Ltd, a consortium comprised of Chinese private equity firm HOPU and key shareholders of Perennial, to acquire all of the issued and paid-up ordinary shares in the capital of Perennial.