Hyflux receives letter about possible investment by North American fund manager

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ANOTHER potential suitor has emerged for distressed water treatment firm Hyflux. Read more at The Business Times.

This is “due to Hyflux’s ability to provide strategic geographical exposure, brand value potential, and the expertise of and the management team”, according to the letter.

The fund has deployed more than US$1.3 billion in equity to date, and emphasises on value creation through operational optimisation and close collaboration with management. Hyflux on Sunday said it is considering the contents of the letter and will announce as and when there are any further material developments.

 

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Belgique Dernières Nouvelles, Belgique Actualités