Singapore's Temasek to invest $250m in UST Global for 20% stake: Report

Singapore's Temasek to invest $250m in UST Global for 20% stake: Report

An employee walks past a sign for Temasek Holdings Pte at the company's offices in Singapore. Photographer: Munshi Ahmed/Bloomberg

Singapore’s state investment firm Temasek is close to announcing a $250-million investment in UST Global,  the California-based IT services firm with significant India operations, according to a Times of India report.

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