 "Baring Private Equity Asia")
iEnergizer Ltd., the digital content and business process outsourcing company, said it’s in preliminary talks about a potential sale to buyout firm Baring Private Equity Asia.
The London-listed company is undertaking a review of strategic options “in order to maximize value for all existing shareholders,” it said in a statement Thursday, confirming an earlier Bloomberg News report. Discussions with BPEA are ongoing, and there’s no certainty they will lead to a deal, iEnergizer said.
BPEA has until July 7 to announce a firm intention to bid for iEnergizer, according to the statement. Shares of the Guernsey-based company jumped as much as 9.1%
