Entries by tengahec

Keppel to acquire 50% stake in European asset manager Aermont Capital for up to $517 mil, including co-investment with Tengah EC

Keppel Corporation has entered into an agreement with Aermont Capital Group SCSp to acquire an initial 50% stake in European real estate manager Aermont Capital, with a full acquisition expected in 2028.The consideration of up to $517 million for the initial 50% stake in Aermont can be funded through a combination of cash and treasury […]