SINGAPORE (Oct 3): Singapore Technologies Engineering is marking its largest acquisition to date with the US$2.68 billion (S$3.64 billion) all-cash offer for a group of entities under Roper Technologies focused on transport management systems.
The target entities, TransCore Partners and TLP Holdings (collectively TransCore) is described by ST Engineering as a market leader in electronic toll road systems. The acquisition will help speed up...(click on link for full story on theedgesingapore.com)