LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in PropertyGuru Group Limited (“PropertyGuru” or “the Company”) (NYSE: PGRU) for potential breaches of fiduciary duty on the part of its directors and management.
The investigation focuses on determining if the PropertyGuru board breached its fiduciary duties to shareholders. PropertyGuru announced on August 16, 2024, that “it has entered into an agreement and plan of merger (the 'Merger Agreement') with affiliates of BPEA Private Equity Fund VIII Limited ('EQT Private Capital Asia'), part of EQT AB, a purpose-driven global investment organization, pursuant to which the Company will be acquired by EQT Private Capital Asia in an all-cash transaction (the 'Merger') that values PropertyGuru at an equity value of approximately USD 1.1 billion.”
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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