Report
Gareth James
EUR 147.86 For Business Accounts Only

International Private Equity Fund Launches Cash Bid for SAI

SAI Global and Casmar Holdings Pte, a wholly owned subsidiary of Baring Asia Private Equity Fund VI (Baring Asia), have entered into an agreement where Baring Asia will buy 100% of SAI shares it does not own for cash AUD 4.75 per share via a scheme of arrangement. Baring Asia currently has a 4.3% stake in SAI. SAI’s Board recommends shareholders vote in favour of the scheme in the absence of a superior offer and subject to the opinion of the independent expert. The scheme also requires Foreign I...
Underlying
Sai Global Ltd

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Gareth James

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch