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PR Newswire
27-05-2015, 09:45 AM
An interesting offer in the market. A private company costs $250 mil, is a pretty high price tag...
Singapore cupcake makers’ supply shop said to start sale process
SINGAPORE (May 26): Phoon Huat & Co, a Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947, is seeking a buyer, people with knowledge of the matter said.
The company has sent out preliminary information to potential bidders and asked for first-round bids next month, according to the people.
The Wong family that controls Phoon Huat is seeking about $250 million from the sale, which includes the company’s real estate, one of the people said, asking not to be identified as the information is private.
...
http://www.theedgemarkets.com/sg/article...le-process
Singapore cupcake makers’ supply shop said to start sale process
SINGAPORE (May 26): Phoon Huat & Co, a Singapore company that’s been selling baking ingredients such as pie fillings and confectioners’ sugar since 1947, is seeking a buyer, people with knowledge of the matter said.
The company has sent out preliminary information to potential bidders and asked for first-round bids next month, according to the people.
The Wong family that controls Phoon Huat is seeking about $250 million from the sale, which includes the company’s real estate, one of the people said, asking not to be identified as the information is private.
...
http://www.theedgemarkets.com/sg/article...le-process
“夏则资皮，冬则资纱，旱则资船，水则资车” - 范蠡