Keppel Capital’s S$1 billion acquisition of European Asset Manager Aermont Capital

Rajah & Tann Singapore acted as the Singapore legal adviser to Aermont Capital Group SCSp in relation to the sale of all issued voting shares in Aermont Capital S.a.r.l to Keppel Capital Holdings Pte. Ltd. (“Keppel Capital”) for a maximum consideration of €931.9 million (approximately S$1.35 billion). Keppel Capital will acquire an initial 50% stake in 2024 for up to €356.9 million, and the remaining 50% stake in 2028 for up to €575 million. Partners Favian Tan and Jasselyn Seet from the Capital Markets / Mergers & Acquisitions Practice led the transaction.