SAI 0.00% $4.74 sai global limited

Just found this: With Macquarie Capital set to open the data...

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    Just found this:

    With Macquarie Capital set to open the data room for SAI Global, it is interesting to note senior executives from London-listed giant Intertek are believed to have met with the troubled standards and compliances firm and its advisers in recent weeks.
    SAI is made up of three divisions: assurance, compliance and information services, with the latter generating at least half of group earnings before interest, tax, depreciation and amortisation. As revealed by Street Talk last month, SAI is considering breaking up the business following the $5.10 to $5.25 a share offer advanced by Pacific Equity Partners.
    Five years ago, Intertek ventured an offer for the assurance division and was swiftly shown the door by SAI’s former management team, headed by Tony Scotten as chief executive and chairman Robin Wright.
    With sources suggesting Macquarie has ceased hitting up some of the other potential bidders, one possibility is that a buyer has been found for the company in its entirety or that Intertek has been persuaded to take the assurance and compliance divisions with PEP to snip off information services.
    Certainly, PEP has been very successful with other similar investments to SAI’s information services arm, such as Veda Group.
    Other potential buyers for parts of SAI Global include SGS, Bureau Veritas and Eurofins Scientific.
 
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Currently unlisted public company.

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