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800 Super's independent adviser says shareholders should accept Lee family's offer

Michelle Zhu
Michelle Zhu • 2 min read
800 Super's independent adviser says shareholders should accept Lee family's offer
SINGAPORE (June 10): 800 Super Holdings says independent financial adviser (IFA) Novus Corporate Finance considers the privatisation offer from its controlling Lee family to be “fair and reasonable”.
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SINGAPORE (June 10): 800 Super Holdings says independent financial adviser (IFA) Novus Corporate Finance considers the privatisation offer from its controlling Lee family to be “fair and reasonable”.


To recap, the Lee family who owns a majority stake of 800 Super is seeking to delist the company via a 90 cents per share cash offer from 8S Capital Holdings, which is in turn wholly-owned by American investment firm Kohlberg Kravis Roberts & Co (KKR).

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