Home Business & Finance Temasek, Morgan Stanley Are Said to Eye Adtek Pre-IPO Investment
Business & Finance

Temasek, Morgan Stanley Are Said to Eye Adtek Pre-IPO Investment

Key Points

Temasek, Morgan Stanley Are Said to Eye Adtek Pre-IPO Investment Shenzhen Adtek Technology Co. is close to raising up to 2 billion yuan ($296 million) in a private fundraising round ahead of its planned initial public offering in Hong Kong, according to people familiar with the matter. Singapore state investor Temasek Holdings Pte, Morgan Stanley’s private equity arm, and Asian investment firm CPE are likely to participate in the round, the people said, asking not to be identified because...

Temasek, Morgan Stanley Are Said to Eye Adtek Pre-IPO Investment Shenzhen Adtek Technology Co. is close to raising up to 2 billion yuan ($296 million) in a private fundraising round ahead of its planned initial public offering in Hong Kong, according to people familiar with the matter. Singapore state investor Temasek Holdings Pte, Morgan Stanley’s private equity arm, and Asian investment firm CPE are likely to participate in the round, the people said, asking not to be identified because the deliberations are private.
Temasek (LOCATION) Morgan Stanley (ORG) Eye Adtek Pre-IPO Investment Temasek (ORG) Eye Adtek Pre-IPO Investment Shenzhen Adtek Technology Co. (ORG) Hong Kong (LOCATION) Singapore (LOCATION) Temasek Holdings Pte (ORG) Morgan Stanley’s (ORG) Asian (ORG) CPE (ORG)
Originally published by Bloomberg Technology Read original →