Temasek’s S$30 Billion in Deals Span Tire Makers to Pharma Firms
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Temasek Holdings Pte disclosed that it made S$30 billion ($22 billion) in new investments in the 12 months through March, matching the previous year’s pace, while divesting of a record S$28 billion as it re-balances its portfolio. Here are some of the investments made by Singapore’s state firm during the period:
*Increased position in U.S. logistics sector: $450 million investment in Univar Inc., a distributor of commodity and specialty chemicals.