HSBC was also said to be hired by Sembcorp to run the sale.
Sembcorp Industries (SGX:U96
) , on May 10, announced that “no definitive transaction” has been made with regard to SembWaste, the group’s waste management unit.
The statement was released a day after media reports floated that KKR, a US private equity group, and Australia’s Macquarie Asset Management were among the potential bidders in SembWaste.
