
DBS to sell majority stake in AXS to private equity firm Tower …
2024年11月18日 · SINGAPORE – DBS Bank has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The bank will retain a...
DBS divests majority stake in AXS to Tower Capital Asia
Singapore, 11 Jul 2023 - DBS Bank Ltd (“DBS”) today announced that it has entered into an agreement to sell a 77.8% stake in AXS Pte. Ltd. (“AXS”) to private equity firm Tower Capital Asia. Following the close of the transaction, which is expected by August 2023, DBS will continue to retain a minority stake of 9.9% in AXS.
星展银行将脱售AXS公司大部分股权 - 8world
2023年11月7日 · 星展银行宣布将脱售axs公司的大部分股权。 星展发表表声明说,银行与私募股权公司Tower Capital Asia达成协议,把所持的77.8%的AXS股份,卖给对方。 预计,交易会在下个月前完成。
DBS divests 77.8% stake in AXS to private equity firm Tower …
2023年7月10日 · DBS Bank has entered into an agreement to sell a 77.8% stake in electronic service delivery network AXS to Tower Capital Asia. No consideration amount was revealed in DBS’s announcement on...
DBS Bank to sell majority stake in AXS to Tower Capital Asia
2023年7月13日 · Singapore-headquartered DBS Bank is divesting its majority stake in AXS to Tower Capital Asia for an undisclosed sum. The bank has struck an agreement with the private equity firm this week to sell a 77.8% stake in AXS, a provider of electronic payment services, with the transaction set to close by August 2023.
DBS Sells Payments Stake to PE Firm - finews.asia
2023年7月11日 · DBS has agreed to sell a 77.8 percent stake in AXS to Tower Capital Asia, according to a statement. The transaction is expected to close by August 2023 and the bank will continue to retain a minority stake of 9.9 percent in AXS.
Tower Capital Asia acquires majority stake
Following the acquisition, Tower Capital PE Fund I, LP, a fund managed by Tower Capital Asia, immediately becomes the largest shareholder in AXS, while existing shareholder DBS Bank continues to retain a 9.9% stake in the Company.
DBS sells 77.8% stake in AXS to Tower Capital Asia
2023年7月11日 · DBS Bank is selling a 77.8% stake in AXS Pte. Ltd., a digital payments company, to private equity firm Tower Capital Asia. DBS will retain a minority stake of 9.9% in AXS. AXS became a subsidiary of DBS in 2006.
DBS to sell majority stake in AXS to private equity firm Tower …
2023年7月11日 · DBS has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. On Tuesday (Jul 11), the bank said it will retain a minority stake of 9.9 per cent in AXS.
DBS to sell majority stake in AXS to private equity firm Tower …
2023年7月11日 · DBS Bank has agreed to sell a 77.8 per cent stake in electronic payment services provider AXS to Tower Capital Asia, a private equity firm based in Singapore. The bank will retain a minority stake of 9.9 per cent in AXS, it said on Tuesday.