(Bloomberg) -- Marubeni Corp., Keppel Corp. and
Sembcorp Industries Ltd. plan to bid for the electric utilities
being sold by Temasek Holdings Pte, Singapore's government-owned
investment company, three bankers with knowledge of the deal said.
Singapore-based Keppel and Sembcorp, the world's biggest
oil-rig builders, this month contacted lenders to provide
financing and advice, said the bankers, who declined to be
identified because the talks are private. The units, Power Senoko
Ltd., Power Seraya Ltd. and Tuas Power Ltd., may be valued about
S$2.5 billion ($1.7 billion) each and sold in stages over the
next two years, they said.
Read more at Bloomberg Bonds News
Sembcorp Industries Ltd. plan to bid for the electric utilities
being sold by Temasek Holdings Pte, Singapore's government-owned
investment company, three bankers with knowledge of the deal said.
Singapore-based Keppel and Sembcorp, the world's biggest
oil-rig builders, this month contacted lenders to provide
financing and advice, said the bankers, who declined to be
identified because the talks are private. The units, Power Senoko
Ltd., Power Seraya Ltd. and Tuas Power Ltd., may be valued about
S$2.5 billion ($1.7 billion) each and sold in stages over the
next two years, they said.
Read more at Bloomberg Bonds News
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