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Hong Kong-based PE group backs out of making offer for UK's RWS

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Baring Private Equity Asia Fund VIII (BPEA) said on Monday it does not plan to make an offer for London-listed RWS Holdings, weeks after the Hong Kong-based group expressed interest in the language services and software firm.BPEA said its decision to not go ahead with an offer for RWS was 'not a reflectio

Baring Private Equity Asia Fund VIII said on Monday it does not plan to make an offer for London-listed RWS Holdings, weeks after the Hong Kong-based group expressed interest in the language services and software firm.

BPEA said its decision to not go ahead with an offer for RWS was"not a reflection of its views on the RWS business".

 

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