Navis poised for 6x return on TES-Envirocorp
Navis Capital Partners is set to generate a 6x return on its investment in Singapore-based TES-Enivrocorp, following an agreement to sell the environmental services provider to Korea’s SK Ecoplant at a valuation of USD 1bn.
SK Ecoplant, a global leader in environmental engineering with operations in 19 countries, will acquire 100% of the company from Navis and unnamed minority investors. The transaction is expected to close...
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