Mermaid buys Jaya Holdings

Australia’s Mermaid Marine Australia has bought Singapore-listed Jaya Holdings for S$625 million (US$495 million) in cash.

Jaya buy-out: Mermaid to buy Jaya Holdings through equity raising and debt facilities

Bianca Bartucciotto

Published 25 February 2014, 01:30Updated 25 February 2014, 08:09