Hopu

China’s Hopu teams up to take Singapore’s Perennial Real Estate private

Chinese buyout firm Hopu is partnering with key shareholders of Perennial Real Estate Holdings, including Wilmar International and its CEO, to take Perennial private in a deal that values it at S$1.58 billion. The consortium, which includes firms owned by entrepreneur Ron Sim and Perennial's CEO, said late on Friday (Jun 12) that the offer comes at a time when the COVID-19 pandemic has roiled the global...

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