Baring Private Equity Asia agreed to acquire 54% of stake in PI Advanced Materials Co., Ltd. (KOSE:A178920) from Glenwood Private Equity for KRW 1,200 billion on July 5, 2022. Baring PEA and Glenwood Private Equity would be finalizing talks to sign a stock purchase agreement (SPA) within 15 days. JP Morgan is lead managing the sale for Glendwood, and BofA Securities is advising Baring PEA in its purchase.
End-of-day quote
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|
5-day change | 1st Jan Change | ||
26,350 KRW | -1.13% | -6.56% | -13.61% |
02-06 | PI Advanced Materials Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
2023 | Arkema Closes Purchase of Majority Stake in PI Advanced Materials | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-13.61% | 574M | |
+7.04% | 41.28B | |
-19.04% | 22.66B | |
-13.64% | 13.54B | |
-8.51% | 10.37B | |
+23.55% | 8.43B | |
+10.09% | 6.89B | |
-28.34% | 5.46B | |
-25.52% | 3.6B | |
-21.64% | 3.38B |
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- Baring Private Equity Asia agreed to acquire 54% of stake in PI Advanced Materials Co., Ltd. from Glenwood Private Equity for KRW 1,200 billion.