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Hyflux receives letter about possible investment by North American fund manager

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SINGAPORE (THE BUSINESS TIMES) Another potential suitor has emerged for distressed water treatment firm Hyflux.. Read more at straitstimes.com.

This time, it is an unnamed North America-based fund manager that has a"strong" track record of investing in infrastructure, technology and real estate globally, according to a letter from transaction advisory and strategy consulting firm The Spectrum Solutions Group.

Having closely followed Hyflux's restructuring process, Spectrum has determined that the water treatment firm is a good investment candidate for the fund. 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.

The firm's potential white knights include Middle Eastern utility firm Utico, Pison Investments and Singapore-incorporated Aqua Munda.

 

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Hyflux receives letter about possible investment by North American fund managerANOTHER potential suitor has emerged for distressed water treatment firm Hyflux. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »