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Broker's Calls
Sembcorp acquisition of remaining stake in SGI expected to boost group earnings by 15%
SINGAPORE (Sept 6): UOB Kay Hian is maintaining its “buy” call on Sembcorp Industries (SCI) with a higher target price of $3.59.
September 06, 2017
M&A
Sembcorp acquires remaining stake in India renewable energy provider SGI for $301 mil
SINGAPORE (Aug 31): Sembcorp Industries announced that its wholly-owned subsidiary, Sembcorp Utilities is acquiring IDFC Private Equity Fund III’s remaining stake in Sembcorp Green Infra (SGI) for INR1410.2 crores ($301 million), making Sembcorp the sol
August 31, 2017
Sembcorp raises stake in India renewable energy business to 70.4%
SINGAPORE (March 16): Sembcorp Industries has raised its stake in its India renewable energy business to fund its growth in the sector.
March 16, 2017