Onsite Rental sells to Malaysia's Sime Darby for $635m
One-time IPO candidate and equipment rental bigwig Onsite Rental Group has sold for $635 million to Malaysia’s Sime Darby Berhad, implying 5.2-times on an EV to EBITDA basis.
Sime Darby Berhad Merrill Lynch International Franklin Templeton Onsite Rental Group Glendon Capital Western Australia
Source: afr.com