In a statement on Dec 8, Sembcorp confirms it is in talks with the "relevant parties" and that no definitive transaction entered into yet and that there is no certainty that any such transaction will materialise.
Sembcorp Industries is reportedly near a deal to acquire Alinta Energy, the fourth-largest utility company in Australia, according to the Australian Financial Review.
Sembcorp, according to the AFR on Dec 7, is expected to sign a deal "as early as Thursday". The possible deal was months in the making with a Sept 28 report also by AFR suggesting that Sembcorp was mulling a bid.
