A consortium of investors including the company’s founder and U.S. private-equity firm Warburg Pincus LLC is considering a buyout offer for Singapore-listed real-estate fund manager ARA Asset Management Ltd., according to people familiar with the situation. ARA Asset Management, which currently has a market capitalization of 1.4 billion Singapore dollars (US$1 billion), manages property assets valued at S$30 billion.

Source: Wall Street Journal November 04, 2016 05:03 UTC