Temasek has started gauging interest from potential buyers for the assets of the liquefied natural gas company. — Bloomberg
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.
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