BTNB · Categories · M&A
BTNB - Mergers and acquisitions
Bridgetown 2 Holdings Limited (BTNB) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for BTNB
- PropertyGuru Completes Acquisition of iProperty Malaysia and thinkofliving ThailandPropertyGuru Group ("PropertyGuru" or "the Group"), Southeast Asia's leading property technology ("PropTech") company1, today announced that it has successfully completed the acquisition of iProperty Malaysia and thinkofliving, following its initial announcement on 31 May 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210803006167/en/ PropertyGuru now owns all of the shares in REA Group Limited's (ASX:REA, "REA") entities in Malaysia and Thailand, which include iProperty.com.my and Brickz.my in Malaysia and thinkofliving.com and Prakard.com in Thailand. In exchange, REA now has an approximate 18%2 equity interest in Propert
- PropertyGuru, Southeast Asia’s Leading Digital Property Marketplace Group, Plans to Go Public in Partnership with Bridgetown 2SINGAPORE & HONG KONG--(BUSINESS WIRE)--PropertyGuru Pte. Ltd. (“PropertyGuru” or “the Company”), Southeast Asia’s leading property technology (“PropTech”) company1, and Bridgetown 2 Holdings Limited (NASDAQ: BTNB) (“Bridgetown 2”), a special purpose acquisition company formed by Pacific Century Group (“Pacific Century”) and Thiel Capital LLC (“Thiel Capital”), announced today that they have entered into a business combination agreement. Upon closing, the combined company is expected to begin trading on the New York Stock Exchange (“NYSE”). Founded in 2007, PropertyGuru has grown to become Southeast Asia’s #1 digital property marketplace with leading positions in Singapore, Vietn
- PropertyGuru, Southeast Asia's Leading Digital Property Marketplace Group, Plans to Go Public in Partnership with Bridgetown 2PropertyGuru is Southeast Asia's #1 digital property marketplace with leading positions in Singapore, Vietnam, Malaysia and Thailand1 Transaction proceeds will be used to further accelerate organic growth and pursue M&A opportunities Transaction values PropertyGuru at an enterprise value of approximately US$1.35 billion and an equity value of approximately US$1.78 billion Transaction includes a fully committed US$100 million PIPE with participation from Baillie Gifford, Naya, REA Group, Akaris Global Partners, and one of Malaysia's largest asset managers; REA Group has also committed to an additional US$32 million investment PropertyGuru's shareholders, including KKR, TPG Capital