EQT Completes Acquisition of PropertyGuru
Portfolio Pulse from
EQT Private Capital Asia has completed the acquisition of PropertyGuru Group Limited, a leading property technology company in Southeast Asia, for USD 6.70 per share, valuing the company at approximately USD 1.1 billion.
December 13, 2024 | 4:00 pm
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POSITIVE IMPACT
PropertyGuru Group Limited has been acquired by EQT Private Capital Asia for USD 6.70 per share, valuing the company at approximately USD 1.1 billion.
The acquisition by EQT at a premium price per share suggests a positive short-term impact on PropertyGuru's stock price as it reflects investor confidence and a significant valuation.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100