Temasek set to buy Bridgepoint’s testing business for US$7 billion

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TemasekHoldings is already a minority owner in the business.

Temasek, which is already a minority owner in the business, could announce an agreement as early as Monday, said the people, who asked not to be identified because discussions are private.previously

reported. The business was expected to draw interest from other buyout firms, as well as strategic investors, the people said at the time. Cinven Ltd. and the Canada Pension Plan Investment Board were among parties reported to be interested. Element Materials tests and certifies products and materials used in industries ranging from oil and gas to aerospace. The company, which can trace its

 

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