The acquisition was noted to be in line with the group's strategy of deepening its presence as an integrated energy and urban solutions player providing green and more efficient solutions to enable sustainable development in its key markets.
SINGAPORE (Jan 16): The Competition and Consumer Commission of Singapore (CCCS) is inviting public feedback on the proposed acquisition of Veolia ES Singapore (VESS) by Sembcorp Industries’ wholly owned subsidiary SembWaste.
On Jan 3, SembWaste had announced that it was acquiring a 100% stake in VESS and its public cleaning business for $28 million.
