Singapore: Malaysia-based YTL Corporation has concluded a conditional sale and purchase agreement for an 81% stake in NSL for US$169m. YTL Cement will launch a mandatory unconditional cash offer for all outstanding shares in NSL after completing the acquisition. NSL manufactures precast concrete components and operates an environmental services division.
YTL Corporation to acquire majority stake in NSL
URL: https://globalcement.com/news/item/17651-ytl-corporation-to-acquire-majority-stake-in-nsl
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