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CNPLaw LLP advised the founders of Intrepid E-Commerce Services Pte. Ltd. on its acquisition by Ascential plc for a consideration of up to USD250 million.

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The team that advised the client: Tan Min-Li, Ge Xiaomeng, Lorraine Liew , Nicole Leong and Andrew Eng.

CNPLaw LLP advised the founders of Singapore-based Intrepid E-Commerce Services Pte. Ltd. (“Intrepid”), a leading regional eCommerce and Digital solutions provider across South-East Asia, on the acquisition of Intrepid by Ascential plc, a FTSE 250 company and global leader in information, analytics and eCommerce optimisation.

The initial cash consideration paid for Intrepid is US$57m, plus deferred consideration payable over four years, contingent on meeting certain financial targets, resulting in an estimated total consideration of between US$100m and US$197m, with the maximum total consideration payable for Intrepid, capped at US$250m.

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This article is provided to you for general information and should not be relied upon as legal advice. The editor and the contributing authors do not guarantee the accuracy of the contents and expressly disclaim any and all liability to any person in respect of the consequences of anything done or permitted to be done or omitted to be done wholly or partly in reliance upon the whole or any part of the contents.

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Mergers And Acquisitions

Mergers and acquisitions (M&A) entail the confluence of multiple legal disciplines. That is why we take great care when assembling a team for each

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