SINGAPORE -- Keppel is acquiring major European real estate firm Aermont Capital in two tranches for up to 931.9 million euros ($1.02 billion), the Singaporean company said Wednesday, looking to expand its footprint beyond Asia and become a global asset manager.
Property
Singapore's Keppel to buy European real estate firm for up to $1bn
Asset manager eyes expansion beyond Asia with Aermont Capital purchase
Keppel seeks to expand its asset portfolio beyond Asia through the acquisition of Aermont Capital. (Photo courtesy of Keppel)
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