PropertyGuru to be acquired by EQT Private Capital Asia for $1.1bn, transitioning to private ownership and delisting from NYSE.

Singapore-based property technology platform PropertyGuru is set to be acquired by EQT Private Capital Asia in a $1.1bn all-cash transaction, leading to PropertyGuru's departure from the New York Stock Exchange and its transition to private ownership. The deal, which is subject to shareholder and regulatory approvals, is expected to close in Q4 2024 or Q1 2025. Once completed, PropertyGuru will delist its shares from the NYSE and keep its headquarters in Singapore.

August 16, 2024
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