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Keppel Infrastructure says it is preferred bidder for Blackstone's Ixom

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Keppel Infrastructure says it is preferred bidder for Blackstone's Ixom

Reuters Published on Tue, Oct 30, 2018 / 1:24 PM GMT+8

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SINGAPORE (Oct 30): Singapore's Keppel Infrastructure Trust said it has been selected as the preferred bidder for Blackstone Group's sale of Australian chemical firm Ixom Holdco.

See: Keppel Infrastructure Trust emerges preferred bidder for Blackstone's Ixom: AFR

Keppel will complete any final stage due diligence and enter into negotiations to finalise the share sale agreement, it said in a statement late on Monday. The business trust's portfolio includes the producer and retailer of piped town gas in Singapore and waste-to-energy plants.

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