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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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