SMRT plans to make a whopping S$1.64 billion bid for London’s minicab operator Addison Lee

Sky News, 11 Oct 2014
One of Singapore’s largest transport groups is examining an £800m takeover bid for Addison Lee, London’s biggest minicab operator.
Sky News has learnt that SMRT Corporation, which is listed on the Asian city state’s stock exchange, is at the early stages of considering an offer.
Addison Lee’s owner, the private equity group Carlyle, has kicked off an auction of the company