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Keppel Infrastructure Trust war chest tops billion dollars

Potential purchases include hospitals, car parks, bridges, roads and tunnels, says CEO of trust's manager.

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Mr Pollard notes that the climate is tough for accretive acquisitions, which means that the manager is trying to be picky in its selections.

Singapore

MONTHS after Keppel Infrastructure Trust (KIT) bought chemicals supplier Ixom for A$1.1 billion (S$1.03 billion), the manager is still on the prowl for deals.

"We have more than a billion dollars of buying power, and we do need to grow the business," said Matthew Pollard...

sentifi.com

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