Singapore's Temasek to buy stake in Danish engineering firm

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Singapore's Temasek to buy stake in Danish engineering firm
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Singapore state investor Temasek Holdings agreed to buy about 30 percent of Denm...

FILE PHOTO: A Temasek logo is seen at the annual Temasek Review in Singapore July 7, 2016. REUTERS/Edgar Su/File Photo

As part of the deal, Temasek [TEM.UL] will subscribe to secondary shares issued by the Topsoe family, which currently owns 100 percent of the company through Haldor Topsoe Holding A/S, said a person with direct knowledge of the deal. Haldor Topsoe is one of the world’s leading industrial catalyst producers. It employs about 2,300 people and logged revenue of about $760 million in 2017.

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