Keppel bought 80% of 800 Super through its infrastructure unit in 2022 in a deal valuing the Singaporean company at about $380 million at the time. The remaining 20% is owned by the company’s founding family. It isn’t clear if the founders will join Keppel in a potential sale, the people said.
Keppel is considering selling its stake in 800 Super Holdings in a transaction that could value the waste management firm at as much as $600 million, people familiar with the matter said.
Keppel is working with a financial adviser on a divestment plan, the people said, asking not to be identified because the process is private.
