Sembcorp Industries to acquire Australian energy firms for $4.32 billion
Reuters·2025-12-11 11:10
Core Viewpoint - Sembcorp Industries announced the acquisition of two Australian energy entities for an enterprise value of A$6.5 billion ($4.32 billion) [1] Group 1: Acquisition Details - The entities being acquired are Pioneer Sail Holdings and Latrobe Valley Power (Holdings) [1] - The sellers of these entities are Chow Tai Fook Enterprises and Pioneer Sail [1]