Temasek Holdings is close to acquiring a significant minority stake in VFS Global, valuing the firm at around $7 billion including debt. The Singapore state-owned investor is set to buy about 20% of VFS, which is controlled by Blackstone Inc. An announcement could be made soon. Temasek Holdings is close to acquiring a significant minority stake in VFS Global, valuing the firm at around $7 billion including debt. The Singapore state-owned investor is set to buy about 20% of VFS, which is controlled by Blackstone Inc. An announcement could be made soon. Economic Times
November 20, 2024
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