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Singapore’s ST Engineering Buys Out Newtec For $281 Million

Singapore Technologies Engineering Ltd (ST Engineering) announced on 27 March 2019 that its subsidiary Singapore Technologies Engineering (Europe) Ltd, has …

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Singapore Technologies Engineering Ltd (ST Engineering) announced on 27 March 2019 that its subsidiary Singapore Technologies Engineering (Europe) Ltd, has entered into a conditional share purchase agreement to acquire a 100% ownership in Newtec Group NV, an established Belgium-based company in the satellite communications industry.