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U.K. investment shop Bridgepoint has agreed to sell Allen & Overy-advised Element Materials Technology Group to Singaporean sovereign wealth fund Temasek, the companies said Tuesday, in an agreement valued at about $7 billion.
Element Materials Technology tests and certifies products and materials used in industries ranging from oil and gas to aerospace. . Read more at straitstimes.com.
SINGAPORE (Reuters) - Singapore's Temasek Holdings has agreed to buy Element Materials Technology for about $7 billion, as it sees an opportunity to b...
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Bridgepoint acquired Element from 3i for an undisclosed sum in December 2015. Temasek bought a significant minority stake in Element in 2019.