Reported 5 months ago
KKR & Co. and TPG Inc. are considering options for Southeast Asian online real estate platform PropertyGuru Group Ltd., including a potential buyout, according to sources. The private equity firms are working with a financial adviser to gauge interest from other global investors in PropertyGuru, with the possibility of acquiring the remaining shares they don't already own. PropertyGuru's shares have seen a 38% increase this year, closing at $4.60, giving the company a market value of $754 million.
Source: YAHOO