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ST Engineering marks biggest-ever investment with $3.6b Transcore purchase

October 03, 2021 3:32 PM

In a move to become a major global player in next generation smart city and smart mobility solutions, homegrown engineering and aersopace giant ST Engineering has bought US-based transportation technology company TransCore Partners and TLP Holdings (collectively TransCore) for US$2.68 billion (S$3.62 billion).

Source : http://www.straitstimes.com/business/companies-markets/st-engineering-marks-biggest-ever-investment-with-36b-transcore-purchase

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