Temasek to sell PowerSeraya after surprise bid from YTL
Malaysian utilities company YTL Power is to borrow S$2.25bn ($1.47bn) to finance its acquisition of PowerSeraya, after Singapore’s Temasek Holdings reversed last week’s decision to postpone the sale.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts