Temasek to buy Bridgepoint’s testing business

Temasek Holdings

SINGAPORE: Singapore state-owned investor Temasek Holdings Pte (pic) is nearing a deal to buy testing company Element Materials Technology from buyout firm Bridgepoint Group Plc for almost US$7bil (RM29.29bil), according to sources.

UK-listed private equity firm Bridgepoint began exploring a sale late last year, Bloomberg News previously reported.

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