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Temasek to take majority stake in micro-irrigation firm
Published Tue, Sep 15, 2020 · 09:50 PM
Singapore
SINGAPORE state investor Temasek has signed an agreement to acquire a majority stake in Rivulis, an Israel-headquartered provider of global micro-irrigation products and solutions.
The acquisition, which is subject to government authorisation, is expected to be completed in Q4 2020, the companies said in a joint statement on Tuesday.
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