ST Engineering to acquire US road transport solutions provider TransCore for $2.68 billion
( October 4, 2021, 03:18 GMT | Official Statement) -- MLex Summary: Singapore Technologies Engineering is acquiring leading US road transport solutions provider TransCore from US-listed Roper Technologies for $2.68 billion, subject to regulatory approvals, including from competition authorities and the Committee on Foreign Investment in the United States. ST Engineering said the deal will help speed up its ambition to become a smart mobility market leader. The transaction is expected to close by the end of the first quarter of 2022.The full statement follows and the stock exchange filing is attached:...
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