After ST Engineering announced the deal last October, there were quarter in the US who opposed the deal, citing security concerns.
Singapore Technologies Engineering has completed the acquisition of Transcore, three days after it has cleared all regulatory hurdles for its largest ever acquisition.
On March 15, the company announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its US$2.7 billion acquisition of TransCore, a US based traffic management company.
