Temasek to buy out Singapore rail operator SMRT Corp for $869m

Temasek to buy out Singapore rail operator SMRT Corp for $869m

Singapore state investor Temasek Holdings (Pte) Ltd will buy the remaining nearly 46 percent stake in SMRT Corp Ltd that it does not already own for about S$1.18 billion ($869.31 million), the two firms said on Wednesday.

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