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Temasek buys Bridgepoint's Element Materials in $9.4b deal

LONDON - Singaporean state-owned investor Temasek has acquired Element Materials Technology Group from Bridgepoint, the London-listed private equity firm said on Tuesday (Jan 25). The terms of the deal were not disclosed but sources had earlier told Reuters that it valued Element, which tests and certifies industrial products and materials, at about $7 billion (S$9.4 billion) The transaction marks Temasek’s...
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