Weekly investor roundup: Temasek acquires Element Materials for more than $7 billion; new IPO rules will apply to China listings in Hong Kong
Singapore state-owned investor Temasek acquires Element Materials Technology from UK's Bridgepoint Group for more than $7 billion; China’s forthcoming rules on overseas IPOs will apply to Chinese companies that want to list in Hong Kong.
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Singapore state-owned investor, Temasek has acquired Element Materials Technology from UK private equity company Bridgepoint Group for more than $7 billion.
The transaction was announced on January 25 shortly after news of the acquisition was leaked to Bloomberg by a source close to the matter.
Temasek, which already owns more than 20% in the business, acquired control at an enterprise value making it one of Temasek’s largest investments in Europe to da…
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