Singapore: Singapore’s Temasek Holdings Pte is considering selling some of Pavilion Energy Pte’s assets and seeking a valuation of at least US$2bil, according to sources.
The city-state’s investment firm is working with Barclays Plc on a potential sale that would exclude the gas pipeline business, which Singapore considers a strategic asset, said the sources.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
