BreadTalk Group Limited has been acquired by BTG Holding Company Pte. Ltd.
BreadTalk Group Limited has been sold to BTG Holding Company Pte. Ltd.
BreadTalk Group is a multinational food and beverage corporation. The Group was founded as a bakery brand in Singapore in 2000 and was listed on the SGX in 2003. It has since expanded across 17 markets. With a global staff strength of 8,000 employees, the Group operates more than 850 bakeries, more than 25 Din Tai Fung restaurants in Singapore, Thailand and the UK, as well as more than 50 award-winning Food Republic food atriums.
Oaklins’ team in Singapore acted as financial advisor to the independent directors of BreadTalk Group Limited in respect of the voluntary conditional cash offer by United Overseas Bank Limited, for and on behalf of BTG Holding Company Pte. Ltd., to acquire all the issued ordinary shares in the capital of BreadTalk Group Limited other than those already owned, controlled or agreed to be acquired by BTG Holding Company Pte. Ltd.
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