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Ezion acquiring Swissco's JV stakes, assets for more than US$60m

Swissco's interim judicial managers say they are assessing five indicative bids; court hearing adjourned

Singapore

EZION Holdings on Tuesday said it has entered into agreements to acquire full control of two existing 50-50 joint ventures with Scott and English Energy (S&E), a unit of Swissco Holdings, and to acquire certain assets held within one such joint venture for more than US$60

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