Temasek Weighs Sale of Testing Firm Element Materials

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Temasek Holdings Pte is weighing a sale of Element Materials Technology, a UK testing company it acquired about three years ago, according to people with knowledge of the matter.

The Singapore state investment company, which bought Element in a deal valuing it at more than $7 billion including debt, is working with advisers to solicit interest, said the people, who asked not to be identified discussing confidential information.